We don't need lower interest rates, we need businesses to pay their employees. We need price controls on medical care and housing.
We need legislation. Laws, not free money for banks.
This is a bad take. The federal funds rate is currently about 4.5%, which is a historically normal value. During Clinton's term the rate hovered around 5%. Having the rate at or near 0% is terrible, it means there's no margin left in the economic system and it really only benefits bankers and other financial interests.
The face of a man that had a chance to fix shit but flinched when banks and their bad decisions were starting to (understandably) fail. We're past that point now. All these central bank heads are just praying the US doesn't implode.
