Trump’s Interest Rate Obstacle Is Bigger Than Powell | NYGazet

Higher rates are the result of far more than Fed decisions. Debt, demographics, and deglobalization are all driving the price of money up.

President Donald Trump wants lower interest rates. Achieving that objective will require overcoming bigger obstacles than Fed Chair Jerome Powell . There are structural forces that drive the cost of borrowing, and right now they’re pointing up. Gover... [253 chars]