The Fed is still expected to cut rates in September, but Trump is making a veiled threat that he'd only let Powell compete his term if elected if he is "doing the right thing"... If you needed any more evidence that Trump only cares about himself, and not what's best for the country, then here it more proof. Trump Warned Powell Not to Cut Rates Before the Election. Markets Are Still Expecting Them. (msn.com)
Works for anyone who has CDs coming due. Rates are relatively low compared to where they have been historically. It is only the last 16 years or so that interest hovered around zero
Trump only cares about himself??? Yeah standing up and raising your first after being shot is thinking about yourself.....You guys make something out of everything the man says or does.