Trump Says Interest Rates Should be 1% — Powell Decisions Politically Motivated?

Former President Donald Trump has publicly stated that he believes interest rates should be lowered to 1%, raising questions about the motivations behind decisions made by Federal Reserve Chairman Jerome Powell. Trump’s comments suggest that he may view Powell's choices as influenced by political considerations rather than purely economic indicators, which adds a layer of controversy to the ongoing dialogue about monetary policy in the United States. This statement underscores the tension between political figures and central bank authorities regarding the direction of interest rates and their impact on the economy. source: https://blocknews.com/trump-interest-rates-should-be-1-powell-decisions-politically-motivated/