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Trump Calls for Fed Rate Cut, Says He Won't Fire Powell
Bloomberg Televisionยท2025-06-12 16:11

I like long term cheap debt, but a lot of the debt comes through because Biden that's what he didn't do it. I'm sure he didn't know anything about it, but somebody approved short term debt. It's all over the place and it comes due starting very soon.And if we would lower the interest rates by one point, we pay about one point less. That's $300 billion a year. Can you believe at one point if it lowered by two points.We pay $600 billion a year, leases for years, ten years, 12 years, whatever we make it. But w ...