Trump vs. Powell: The White House's Fed Fights Continue

There's all this back and forth, all this drama about Trump wanting to potentially fire Jerome Powell. What's going on here on the surface. I think one thing to keep in mind is that President Trump likes lower interest rates. In fairness to him, lower interest rates are really fun.Um, you get to borrow money uh more cheaply. Uh, usually that flows through to mortgages and consumer credit and businesses. Businesses expand, they hire.That's good. Everybody wants that. It's fun when interest rates are low. The ...