HousingWire Daily Logan Mohtashami on the high-stakes battle between Trump and Powell
11 snips
Apr 21, 2025 AI Snips
Chapters
Transcript
Episode notes
Dangers of Political Fed Interference
- President Trump's desire to fire Fed Chairman Powell risks severe market instability and chaos.
- Such political interference could undermine the independence of the Fed and cause long-term economic damage.
Trump's Rates Strategy for Midterms
- Trump's push for lower rates aims to support housing and consumption to combat trade war impacts.
- He believes lower rates and energy prices can sustain the economy ahead of midterm elections.
Fed's Reaction and Housing Role
- The Fed tends to react late to economic downturns, often behind the curve.
- Housing historically leads recessions and recoveries, making it a key economic indicator.