He got this one Right…..
Hear this Fed Chief Powell?
“Right now, interest rates are very high,” Trump said in an interview set to air on Sunday. “They’re too high. People can’t buy homes. They can’t do anything.”
The Federal Reserve raised interest rates to a 22-year high in July in an attempt to fight inflation. It was the Fed’s 11th interest rate hike since March 2022 because of recent inflation issues.
In the past, Trump has said he would not reappoint Fed chair Jerome Powell. Trump had nominated him for the chair back in 2018, with current President Biden nominating him again for another four-year term after he took office….
Be intersting to hear President Biden on this….
Powell would be looking for a new job…..