When it comes to interest rates, which are basically how much it costs to borrow money, Trump can complain they are too high (or too low) like any other American, but the Fed’s leaders are the ...

The current federal funds rate sits at 5.25–5.50%, held steady by the Fed to combat inflation and avoid overheating the economy.

A Fed policy rate that low is not typically a sign that the U.S. is the "hottest" country in the world for investment, as Trump has said.

Interest Rates During The Trump Years: Trump has previously expressed frustration over not being able to influence interest rates during his four years as president.

During his term, the Fed was in an upward interest rate cycle that started in December 2015 and lasted until July 2019, taking rates up to a ceiling of between 2.25 and 2.5%. His position on ...

The president floated the idea of firing the Fed chief to lawmakers, then said such a move was "very unlikely."

President Trump is continuing to pressure the Federal Reserve into cutting interest rates, renewing the question of how much a US president can and should influence an institution designed to be independent.