Donald Trump Says the Federal Reserve Is Playing Politics - Is He Right? - TheStreet

Donald Trump Says the Federal Reserve Is Playing Politics - Is He Right?

Is the Federal Reserve playing politics when it comes to its interest rate policy?
Author:
Publish date:

Is the Federal Reserve playing politics when it comes to its interest rate policy? Republican presidential candidate Donald Trump says so. In a recent interview with CNBC, Trump said Federal Reserve Chair Janet Yellen was keeping interest rates low to cater to President Obama and claimed Yellen was political. Not so, says Robert Johnson, president and CEO of the American College of Financial Services and author of Invest With the Fed. Johnson spoke on TheStreet's recent financial adviser panel Monday night in New York City.