There's a reason Trump is the only one talking about 1% interest rates

Key Points:

• President Donald Trump’s repeated calls for the Federal Reserve to cut interest rates to 1% are considered impractical by analysts, who warn such a drastic cut could destabilize global financial markets and increase U.S. borrowing costs.
• Experts argue that a 3-percentage-point rate cut would likely lead to higher inflation expectations, a weaker dollar, and capital flight to other countries offering better returns, undermining the U.S. economy.
• Some close to Trump view his demands as political maneuvering to deflect attention from rising consumer prices ahead of the midterm elections rather than serious economic policy proposals.
• Trump has targeted Fed Governor Lisa Cook for removal and is awaiting an investigation into former Chair Jerome Powell, while showing a relatively more cordial relationship with current Fed Chair Kevin Warsh, who recently raised rates to combat inflation.
• Inflation remains a significant issue for the administration, with mortgage rates near 7% and rising prices for essentials, contributing to low approval ratings and concerns about the political impact on Republican candidates in upcoming elections.