Reported about 8 hours ago
In a recent Oval Office address, President Donald Trump expressed confidence in his understanding of interest rates, suggesting he knows them better than Federal Reserve Chair Jerome Powell. He indicated his plan to discuss rate adjustments with Powell at an appropriate time, emphasizing the need for lower oil prices to help reduce inflation and benefit American consumers. Despite presidents typically refraining from interfering with the Federal Reserve's policy decisions, Trump insisted that his opinions should be considered.
Source: YAHOO