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			SW-User			
		
		The interest rates were really low for many years. Lowering them now is not going to have a big impact, it might delay the recession just after the election but that's it. The recession will happen regardless, they always do, that's why they're called business cycles. Having a 1% rate might cause people or corporations to take loans, but that won't fix the economy in itself. He's just trying to avoid looking weak before the election. Plus having low-interest rates is bad for savings accounts, and long term low-interest rates weaken the power of lowering interest rates.
			
			
			
			
			
		
			SimplyTracie · 26-30, F			
		
		@SW-User  I’m convinced that Trump should let the Federal Reserve do their thing without interference. 😊
			
			
			
			
			
		
