JemmyIn a switch, Trump approves the Fed's decision to hold interest rates steady
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www.cnbc.com/2025/02/03/in-a-switch-trump-appro…
Approved or approved of?
Fucking headlines.
Right? I'm pretty sure he doesn't have to "approve" anything the Fed does.
Not yet, but he wants to control them.
Fairly certain he doesn't have anything to do with the fed interest rates. He's not a king as much as he wants to.
Yet
He was able to convince them to keep rates too low last time during his presidency.
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I'm guessing someone explained stagflation and told him when shit goes south he'll have someone to blame.
Lower interest rates + tariffs. If you want to return to 2023 inflation, this a good way kick it off.
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