Trump is right on interest rates, for all the wrong reasons

18th April 2025

Interest rates need to tumble, as Trump is demanding, but entirely because he's created mayhem.

Right around the world, economies face the risk of recession due to Trump's irresponsibility. We need interest rate cuts because of him, not because he wants them.

Trump is right. Those are words I never expected to say, but let me add a caveat. Trump is right that we need an interest rate cut in the world's economies, and he's wrong as to his reasoning as to why we need it.

Let me stand back a bit.

Trump is clearly crashing the world's economies. The fact that we are at the moment on a little pause with regard to his tariff war is neither here nor there.

Read the text at
https://www.taxresearch.org.uk/Blog/2025/04/17/trump-is-right-on-interest-rates-for-all-the-wrong-reasons/