NewsMeter
Pressure from the Trump administration on the Federal Reserve to lower interest rates could harm the consumers the White House is claiming to protect, according to experts.
The expert case runs the other direction: a rate hike may be the better outcome for household finances.
If senior administration officials were to ease off their campaign on the Fed, experts say, consumers would be better served.
The administration has been ramping up its push for looser monetary conditions, a campaign that has grown more direct as the White House applies pressure to an institution traditionally kept at a remove from electoral politics.
Keep reading