'The Fed is independent and it always has been': O'Leary on Trump and interest rates | The Hill
January 24, 2025
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5:29Now Playing'The Fed is independent and it always has been': O'Leary on Trump and interest rates | The Hill
YouTube Description
as posted by the channelPresident Trump wants interest rates lowered, but inflation is still running higher than the Fed's target, and a decrease could risk further inflation. Kevin O'Leary, chairman of O'Leary Ventures, says every president wants interest rates down, but the Fed is independent and always has been. O'Leary says if Trump can get energy prices decreased, that would help reduce inflation: "It doesn't happen overnight, but it's a pretty good narrative to jawbone about and that's what he's doing."
#DonaldTrump #interestrates #politics
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