Trump Says He'll 'Demand That Interest Rates Drop Immediately'

2025-01-24 10:35:00 ET

Summary

• In President Trump’s first week in office, he issued a blitz of executive orders, but perhaps his most ambitious statement to date is his claim yesterday that he would order the Federal Reserve to cut interest rates.
• It’s an ambitious agenda, but the odds are low that Trump could, from the bully pulpit of the White House, issue orders that change interest rates and oil prices in a meaningful degree through time.
• What’s different here is that rates and oil are set globally, driven by a mix of supply and demand data, economic indicators, investor sentiment, rank speculation, and many other factors.

In President Trump’s first week in office he issued a blitz of executive orders, but perhaps his most ambitious statement to date is his claim yesterday that he would order the Federal Reserve to cut interest rates....

Read the full article on Seeking Alpha

For further details see: