Thu, January 30, 2025
[ Thu, Jan 30th 2025 ]: cnbctv18
Budget 2025 Expectations LIVE: Key figures to track for India's economic trajectory
[ Thu, Jan 30th 2025 ]: Oneindia
Union Budget 2025: Petrol And Diesel To Come Under GST?
[ Thu, Jan 30th 2025 ]: cnbctv18
RBI files application for insolvency proceedings against Aviom India Housing Finance
[ Thu, Jan 30th 2025 ]: MSN
Trump Media expands into fintech, launching Truth.Fi brand
[ Thu, Jan 30th 2025 ]: Forbes
10 Technology And Business Trends That May Revolutionize Finance In 2025
[ Thu, Jan 30th 2025 ]: NDTV
Experts On How Budget Can Empower Businesses And Consumers
[ Thu, Jan 30th 2025 ]: MSN
EU Commission aims to simplify its way to future growth
[ Thu, Jan 30th 2025 ]: cnbctv18
Digital payments rise 11% on year in September 2024: RBI data
[ Thu, Jan 30th 2025 ]: Oneindia
Union Budget 2025: Will Stock Markets Remain Open .. eb 1? Know Whether You Can Do Trading On Saturday
[ Thu, Jan 30th 2025 ]: Couriermail
Millers and Noni B close as last of Mosaic Brands shuts down
[ Thu, Jan 30th 2025 ]: MSN
Planes and trains are great, but Reeves must fix financial infrastructure too
[ Thu, Jan 30th 2025 ]: Reuters
Finland's Nordea Bank Q4 posts operating earnings slightly above estimates
[ Thu, Jan 30th 2025 ]: Reuters
Deutsche Bank posts weaker-than-expected profit and ditches 2025 cost target
Wed, January 29, 2025
[ Wed, Jan 29th 2025 ]: Indiatimes
Budget 2025 Expectations Live Updates: Income tax .. haraman may push consumption growth, record capex
[ Wed, Jan 29th 2025 ]: cnbctv18
Budget 2025 expectations highlights: Tackling Ind .. r balance sheet' challenge for economic stability
[ Wed, Jan 29th 2025 ]: UPI
RFK Jr. denies anti-vaccine stance in confirmation hearing
[ Wed, Jan 29th 2025 ]: Investopedia
Your Tax Filing Could Be Free if Musk's DOGE Commission Gets Its Way
[ Wed, Jan 29th 2025 ]: clinicaltrialsarena
RFK Jr. denies being anti-vaccine during intense Senate confirmation
[ Wed, Jan 29th 2025 ]: AOL
Trump crypto coins a sign of 'speculative frenzy' in markets, famed short seller says
[ Wed, Jan 29th 2025 ]: Couriermail
The chance of you getting your money back if you're scammed has been revealed - and it's dire
[ Wed, Jan 29th 2025 ]: WRAL
Minted Connect Secures Investment at $10 Million Valuation
[ Wed, Jan 29th 2025 ]: STAT
Live updates: RFK Jr., Trump's HHS pick, grilled at Senate confirmation hearing
[ Wed, Jan 29th 2025 ]: CNET
Create an IRS Account This Tax Season to Save Yourself Time and Trouble
[ Wed, Jan 29th 2025 ]: Forbes
Why Gallabox Thinks WhatsApp Is The Future Of Sales And Marketing
[ Wed, Jan 29th 2025 ]: CNET
Fact Check: Trump Doesn't Have the Power to Force Lower Interest Rates
[ Wed, Jan 29th 2025 ]: Kiplinger
Why I'm Not Chasing Airline Status This Year
[ Wed, Jan 29th 2025 ]: TechCrunch
Solar startup Niko is building Mexico's first virtual power plant
[ Wed, Jan 29th 2025 ]: STAT
Live updates: RFK Jr., Trump's HHS pick, testifies at Senate confirmation hearing
[ Wed, Jan 29th 2025 ]: Forbes
The Ominous Omnibus: What New EU Legislation Could Mean For Sustainability Reporting
[ Wed, Jan 29th 2025 ]: Politico
Trump tests Republicans' tolerance
[ Wed, Jan 29th 2025 ]: Reuters
LVMH touts good start to 2025 but Q4 results underwhelm
[ Wed, Jan 29th 2025 ]: NDTV
What Led To The Merger Of Railway And Union Budget In 2017
[ Wed, Jan 29th 2025 ]: Reuters
Norway wealth fund posts record $222 bln annual profit on tech boom
[ Wed, Jan 29th 2025 ]: MSN
Sony's Totoki takes CEO role, cementing leadership position
[ Wed, Jan 29th 2025 ]: Mint
Budget 2025 Expectations Highlights: Taxpayers ho .. ax relief to boost money in hand, consumer demand
[ Wed, Jan 29th 2025 ]: MSN
Capricorn Daily Horoscope Today (Dec 22-Jan19), January 29, 2025: Your valour will increase!
[ Wed, Jan 29th 2025 ]: Couriermail
Coles and Woolies unite to scrap penalty rates under new proposal
[ Wed, Jan 29th 2025 ]: deseret
Some of Trump's more controversial picks will appear before Senate committees to make their case
Tue, January 28, 2025
[ Tue, Jan 28th 2025 ]: Emirates247
UAE Ministry of Finance and CIPS partner to launc .. groundbreaking Diploma in Procurement and Supply
[ Tue, Jan 28th 2025 ]: Reuters
Insurer Chubb's profit rises on strong underwriting business, investment income
[ Tue, Jan 28th 2025 ]: Forbes
3 Strategies Preparing The Next Generation For The Future Of Work
[ Tue, Jan 28th 2025 ]: LAist
Insurance and wildfires
[ Tue, Jan 28th 2025 ]: MSN
GM Q4 earnings beat estimates as EV business turns the corner, company boosts 2025 profit guidance
[ Tue, Jan 28th 2025 ]: Reuters
Elon Musk clashes with Norway wealth fund CEO; 'friends are as friends do'
[ Tue, Jan 28th 2025 ]: Variety
Confluential Appoints Shaun Williams as Chief Fin .. n Crochet as Executive Vice President (EXCLUSIVE)
[ Tue, Jan 28th 2025 ]: CNBC
Fairway Independent Mortgage review 2025
[ Tue, Jan 28th 2025 ]: MSN
Liang Wenfeng educational qualifications: How a Z .. Seek to outshine ChatGPT and shake Silicon Valley
[ Tue, Jan 28th 2025 ]: ProPakistani
Finance Minister Hints at Easing Tax Burden on Salaried Class

Fact Check: Trump Doesn't Have the Power to Force Lower Interest Rates

While Trump will be able to appoint a new Fed chair in 2026, he does not have the ability to set monetary policy or change the federal funds rate. No president has the direct power to reduce mortgage rates, credit card APRs or business loan rates.
The article from CNET discusses the misconception that former President Donald Trump could unilaterally lower interest rates. It explains that the Federal Reserve, which sets the federal funds rate, operates independently from the executive branch of the U.S. government. This independence is designed to prevent political influence over monetary policy. The piece details how the Federal Reserve's decisions are made by its board of governors, not by the President, and that any attempt by Trump or any president to directly control interest rates would infringe on this autonomy. The article also touches on Trump's past criticisms of the Federal Reserve and his calls for lower rates, but emphasizes that these are outside his presidential powers. Furthermore, it clarifies that while the President can appoint the Fed Chair, this does not grant control over the Fed's policies.

Read the Full CNET Article at:
[ https://www.cnet.com/personal-finance/banking/fact-check-trump-doesnt-have-the-power-to-force-lower-interest-rates/ ]