Path to the Fed rate cuts Trump wants may involve higher unemployment

From kitco.com

President Donald Trump may see lower Federal Reserve interest rates as a fix for two politically potent problems, the cost of servicing $36 trillion in government debt and the high cost of home ownership, but the path there may touch a third rail elected officials typically try to avoid - rising unemployment. It is a dilemma tied to the fact that, so far, the rising import taxes and immigration crackdown imposed by Trump have been absorbed by the U.S. and global economies with less disruption than initially feared. There is still a risk that inflation could rise even more than it already has and growth appears to be ... (full story)