Trump backs off earlier claims that he should directly control interest rates ...Middle East

By Rashard Rose, CNN (CNN) — Former President Donald Trump attempted in a new interview to soften previous comments he made about exerting direct control over the Federal Reserve, including setting rates. “A president certainly can be talking about interest rates because I think I have very good instincts,” Trump said in an interview Monday with Bloomberg. “That doesn’t mean I’m calling the shot, but it does mean that I should have a right to be able to talk about it like anybody else.” “I think it’s fine for a president to talk,” Trump added. “It doesn’t mean that they have to listen.” Throughout his presidency, Trump tried to publicly pressure the Fed into cutting rates — a breach

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Trump backs off earlier claims that he should directly control interest rates ...Middle East

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