President Donald Trump has once again called on the Federal Reserve to aggressively lower interest rates, this time suggesting a target "below 1%." Trump argues that such a move would provide a significant boost to the U.S. economy, making it more competitive on the global stage. Currently, the federal funds rate, which influences many consumer and business loan rates, sits in a target range of 5.25%-5.5%. The Fed has been holding steady after a series of rate hikes aimed at curbing inflation. Trump's repeated calls for lower rates have often been met with resistance from economists who argue that the Fed should maintain its independence and focus on its dual mandate of price stability and maximum employment. Lowering rates too quickly could reignite inflationary pressures, potentially harming the economy in the long run. The impact of further rate cuts on the dollar's value and overall market stability remains a key consideration. ```