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Why Trump's call for the Fed to cut interest rates may not help consumers

  • President Donald Trump is urging the Federal Reserve to cut interest rates, but experts warn that this may not lead to lower borrowing costs for consumers.
  • Economists caution that Trump's attacks on Fed Chair Jerome Powell could keep long-term interest rates higher.
  • After Trump suggested he might fire Powell, stock markets dropped, shaking investor confidence.
  • Despite Trump's calls for cuts, rising tariffs are expected to increase prices, impacting future Fed decisions.
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44 Articles

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Left
7
Center
24
Right
3
Associated Press NewsAssociated Press News
+10 Reposted by 10 other sources
Lean Left

Why Trump's call for the Fed to cut interest rates may not help consumers

President Donald Trump is badgering the Federal Reserve to cut interest rates, but even if the Fed gave in to the pressure, it wouldn’t necessarily lead to lower borrowing costs for consumers.

·United States
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The ColumbianThe Columbian
+25 Reposted by 25 other sources
Center

Why Trump’s call for the Fed to cut interest rates may not help consumers

President Donald Trump is badgering the Federal Reserve to cut interest rates, but even if the Fed gave in to the pressure, it wouldn’t necessarily lead to lower borrowing costs for consumers. Read more...

·Vancouver, United States
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  • 71% of the sources are Center
71% Center
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The Columbian broke the news in Vancouver, United States on Friday, April 25, 2025.
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