President Donald Trump is badgering the Federal Reserve to cut interest rates, but even if the Fed gave in to the pressure, it wouldn't necessarily lead to lower borrowing costs for consumers. In fact,

President Trump called Federal Reserve Chair Jerome Powell a “major loser” this week for refusing to immediately drop interest rates to cushion the blow from his erratic trade war.But even though he backed off from an implied threat to terminate Powell,

President Donald Trump could be setting up Fed Chair Jerome Powell as a 'scapegoat' if a recession hits, according to an MSU economist.