President Lee Proposes "Pragmatic Alliance" with U.S., Emphasizes Manufacturing and Security

President Lee Proposes “Pragmatic Alliance” with U.S., Emphasizes Manufacturing and Security

Following a high-profile meeting with U.S. President Donald Trump, South Korean President Lee Jae Myung has proposed what he calls a “pragmatic alliance” between Seoul and Washington, signaling a new chapter in the 70 year old U.S.-Korea partnership. Speaking at a prominent Washington think tank, President Lee said the evolving global landscape calls for a […]

President Trump said the Fed should lower interest rates by 3 or 4 points to 1%

President Trump said the Fed should lower interest rates by 3 or 4 points to 1%

President Donald Trump has repeatedly stated that the Federal Reserve should lower interest rates by at least 3 percentage points—and in some cases suggested up to 4 points—to bring the federal funds rate down to around 1% from its current range of approximately 4.25% to 4.5%. This would aim to stimulate economic growth and reduce […]