Reported about 6 hours ago
President Trump's attempts to exert control over the Federal Reserve's monetary policy, notably through pressures to fire voting member Lisa Cook, could jeopardize the economy and market stability. His desire for lower interest rates to stimulate a slowing economy may lead to increased inflation risks, and potentially undermine confidence in the Fed's independence and effectiveness. Analysts warn that such disruptions could lead to higher long-term interest rates, negatively affecting investments and overall economic growth.
Source: YAHOO