"... Just in case he hadn't already made his position re: interest rates clear to the FOMC, President Trump apparently wanted to make sure policy makers know their place shortly after their two-day meeting began on Tuesday. After calling for QE4 and rate cuts earlier this month, Trump is now calling on the central bank to slash interest rates by a full percentage point, which would bring the Fed funds target rate back to 1.25%-1.5%, a level it hasn't seen in more than a year..." https://www.zerohedge.com/news/2019-04-30/trump-demands-fed-slash-rates-1-fomc-meeting-begins Speechless. Might as well repeal the Constitution while we're at it.
Why stop at a point? Let’s just go to zero. Then we can hit Spooz 4000 by Labor Day! What could possibly go wrong?