In a switch, Trump approves the Fed's decision to hold interest rates steady

submitted by vegeta@lemmy.world

www.cnbc.com/2025/02/03/in-a-switch-trump-appro…

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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.

, edited

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.

, edited

He's not a king

Yet

He was able to convince them to keep rates too low last time during his presidency.

trump is the fed's tool, not the other way around

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.

You made me do this! Yo, baby you know I love you and I didn't mean it.