Trump's Fed pick will follow orders from the White House, Paul Krugman says
Yahoo Financeยท2025-07-30 16:20
You wrote about the the Fed recently and you talked about kind of explained how the Fed works. So I'm curious what you think is the biggest public misunderstanding about the Fed's function. Well, right now it seems to be the idea that um lower interest rates are a reward for good behavior, right.the if you listen to Trump, listen to some of the Republicans in Congress is they're saying, "Well, we should have lower interest rates because the US economy is doing great and uh you know that's a disputable thing ...