description

Business Insider reports 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. Multiple Trump properties have variable interest rates. The lower the interest rate, the more money his businesses would save. Trump insists the American economy is booming. However, the Fed is weighing cuts as the first signs of recession loom.

general info

  • Uploaded    08/25/2019
  • Business & Finance
  • Michael Kors Turned His Mom's Basement Into A $5.78 Billion Fashion Ju...
  • U.S. to send troops to Saudi after oil attacks
  • Stocks drop after China cancels Montana farm trip
  • Battling invasive fish with bows and arrows
  • Stocks Fall: China Cancels U.S. Farm Visits
  • WeWork: From $47 Billion Valuation To Tanking IPO
  • Reactions to latest trade headlines are an "absurdity" - analyst
  • What to watch in the week ahead
  • Trump says China's agricultural purchases not enough