According to ChainCatcher news and Jin10 reports, former economic advisor to Bush, Mark Summerlin, stated that the current federal funds interest rate of 4.3% is too high and believes there is room for a 50 basis point rate cut.
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Bush's former economic advisor stated that there is a 50 basis point space for a Federal Funds Interest Rate cut.
According to ChainCatcher news and Jin10 reports, former economic advisor to Bush, Mark Summerlin, stated that the current federal funds interest rate of 4.3% is too high and believes there is room for a 50 basis point rate cut.