Trump Promises Lower Interest Rates, but the President Doesn’t Control Those

Trump Promises Lower Interest Rates, but the President Doesn’t Control Those

The New York Times - Business:

The Federal Reserve sets interest rates, and it operates independently of the White House. But rates could come down as inflation cools.

Jeanna Smialek
Author: Jeanna Smialek

This post first appeared in The New York Times - Business. Read the original article.