How much sway should the president have over interest rates?
Aug 9, 2024

How much sway should the president have over interest rates?

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Former President Donald Trump has said he would want to have influence over the direction of interest rates.

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As president, Donald Trump was highly critical of the Federal Reserve and its chairman Jerome Powell. Now, candidate Trump is signaling that he would want to have more say on interest rate decisions should he regain the presidency — even though the Fed’s relative independence from politics is seen as a key pillar of U.S. economic strength.

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Marketplace's Nancy Marshall-Genzer visited Kent County, Michigan, to hear how voters there feel about the economy. Here's what she learned.
Jeff Kowalsky/AFP via Getty Images

The team

Leanna Byrne Host, BBC
Kelly Silvera Executive Producer
Meredith Garretson Morbey Senior Producer
Erika Soderstrom Producer
Alex Schroeder Producer
Ariana Rosas Producer
Dylan Miettinen Digital Producer
Jesson Duller Media Producer
Nic Perez Director/Producer
James Graham Producer, BBC
Jo Critcher Producer, BBC
Naomi Rainey Producer, BBC
Lis Mahy Producer, BBC