Trump blames the Fed for sky high mortgage rates: "You have a board that would like to see the country do badly, in my opinion, because I think interest rates should come down"
73 reposts414 likes
Trump blames the Fed for sky high mortgage rates: "You have a board that would like to see the country do badly, in my opinion, because I think interest rates should come down"
73 reposts414 likes
The Fed matters, but presidents don’t directly set mortgage rates—and neither does the Fed alone. Trump nevertheless campaigned on rates around 3%. Today they’re 7.49%. Blaming the Fed doesn’t change the outcome voters were promised. I examine that claim in The MAGA Audit:
Fed officials see another hike coming, but no sign as to when, minutes show www.cnbc.com/2026/10/07/f...