• Trump Faces a Stubborn Opponent in Fed's Economic Experts

    24 days ago - By NY Times

    As the president attacks the Federal Reserve, policymakers are looking the other way - and closing ranks around the Fed chair, Jerome H. Powell.
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  • Trump's company could save millions if interest rates fall like he wants

    Trump's company could save millions if interest rates fall like he wants

    24 days ago - By Chron

    Win McNamee
    President Donald Trump would save millions in annual interest payments if the Fed interest rates fall.
    Trump has issued repeated public attacks on Federal Reserve Chairman Jerome Powell to cut the Fed's rate, which would benefit several loans Trump took out on multiple properties.
    The loans have variable interest rates, meaning the lower the interest rate, the more money he'll save.
    Trump has insisted that the American economy is booming, but the Fed is weighing cuts as financial communities brace for the first signs of a recession.
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