This is an attempt to do repeat what countries like Turkey like tried. They often think cut interest rates -> increase demand -> better employment. But often t

This is an attempt to do repeat what countries like Turkey like tried. They often think cut interest rates -> increase demand -> better employment. But often they find that combination of worsening inflation and unemployment matched with cutting interest rates is a bad situation to be in. There is often no good way to come out of this. You end up in a cycle of : High unemployment -> cut rates -> employment improves but causes hyperinflation -> increase rates to cool markets -> high employment. Blunt tariffs is playing a large part. and once Jerome Powell leaves and replaced by a crony is when the real problem will start.