Trump May Find Prodding the Fed on Interest Rates Not so Simple

This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today, economy editor Matthew Boesler looks at why the president’s pick for the next Fed chair won’t be able to lower interest rates alone. Sign up here and follow us at @bpolitics. Email our editors here.

President Donald Trump’s attacks against Federal Reserve Chair Jerome Powell and gripes about interest rates have become an almost daily occurrence.