“Fed should cut Rates by 3 Points. Very Low Inflation. One Trillion Dollars a year would be saved!!!” @realDonaldTrump
Fact-Check Summary The claim that the Federal Reserve should cut interest rates by 3 percentage points because of “very low inflation,” and that doing so would save the United States $1 trillion annually, is not supported by current economic evidence. Recent data shows inflation is running at 2.7% year-over-year (above target and rising), a 3-point […]