Article 4NHSV World stocks rally as Trump steps up pressure on Fed to cut rates

World stocks rally as Trump steps up pressure on Fed to cut rates

by
Martin Farrer
from on (#4NHSV)

President tweets demand for 1% reduction and more QE as markets look to central banks to bolster global economy

Stock markets have been boosted by the growing prospect of more stimulus measures by central banks and governments across the world as Donald Trump heaped more pressure on the Federal Reserve to slash interest rates.

Related: Warning signs for global economy: the countries spooking investors

.....The Fed Rate, over a fairly short period of time, should be reduced by at least 100 basis points, with perhaps some quantitative easing as well. If that happened, our Economy would be even better, and the World Economy would be greatly and quickly enhanced-good for everyone!

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