Trump Warns Against High Interest Rates

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Business

Business & Economics

Newman: Trump’s biggest economic vulnerability has emerged

Summary

Nutrition label

75% Informative

Donald Trump is getting his way on Cabinet nominees, deregulation, deportation and dismantling of the federal bureaucracy.

But interest rates are not going according to plan: Interest rates are getting under Trump ’s skin.

Trump blames the Fed for failing to head off the high inflation that raged for two years starting in 2022 .

Trump says he will “demand” lower interest rates, and through some unexplained logic he seems to think that would.

Jaret Seiberg of TD Cowen suggests that Trump might push for a greater government role in capping interest rates.

A credit crunch would hurt some consumers and possibly slow the whole economy.

Peter Orszag , CEO of investing firm Lazard , argues that other countries seeking to retaliate amid Trump 's trade wars could even use higher rates as a kind of economic weapon.

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language

possibly offensive

Hate speech

not hateful