[reaganaut1]

You don't want politicians directly in charge of the central bank because of the temptation to print money and create a short-term inflationary boom. Interest rates are low, and the Federal Reserve is expected to cut the Fed Funds rate a few times this year. Trump should back off, since his Fed-bashing does not increase the chance they will act.

[Grampa Dave]

[Georgia Girl 2]

The only reason the Fed is backing off and will now likely lower rates in September and December is because Trump has stepped in and pressured them. Powell did tighten way too fast. We have a fragile housing market and the economy is still trying to recover.

The tariff war with China is likely going to cause problems with the markets for awhile. Rates need to remain low.