Trump vs. Powell: The Ongoing Debate Over Interest Rates
As HousingWire’s lead analyst, Logan Mohtashami has been closely following the ongoing dispute between President Trump and Federal Reserve Chairman Jerome Powell over interest rates. This debate, which started after the elections, has sparked numerous articles and podcasts. We’ve organized an updated list of these resources for you below.
Articles and Podcasts from July
July’s discussions revolved around topics such as Jerome Powell’s next move on rate cuts, and how government job growth could impact the likelihood of rate cuts. There was even a podcast discussing mortgage rates and the pressure on Powell.
June’s Commentaries
In June, conversations ranged from Trump’s attempt to establish a shadow Federal Reserve president to the influence he could exert on Powell concerning mortgage rates. There was also a call from FHFA Director Bill Pulte for Powell to resign, and discussions about how Trump might achieve desired rate reductions.
Thoughts From May
May saw calls from FHFA Director Pulte for Powell to lower interest rates, a discussion of why Trump needs lower rates, and a podcast on what a potential shadow Federal Reserve president might look like.
Insights from April
April’s resources explore the possibility of Trump installing a shadow Federal Reserve president to achieve lower rates, the intensifying conflict between Trump and Powell, and the internal disagreements within the Federal Reserve.
March’s Discussions
March brought insights from a Federal Reserve meeting, a face-off between the White House and the Federal Reserve on mortgage rates, and a podcast on how the Federal Reserve was reacting to tariff issues.
February’s Talk
February featured a podcast discussing how mass firings could impact mortgage rates.
January 2025’s Commentaries
January 2025 saw discussions about how many Federal Reserve rate cuts to expect, the decision of the Federal Reserve to leave rates unchanged due to a strong labor market, and Trump’s demand for lower interest rates.
December 2024’s Insights
December 2024 brought positive housing market data despite Powell’s ‘Grinch act’, a podcast on the Federal Reserve’s 2025 game plan, and a discussion on the Federal Reserve’s housing recession dilemma.
November 2024’s Conversations
November 2024’s content focused on the impact of the election on the Federal Reserve’s stance on housing, mortgage rates under a Trump presidency, and potential future directions for mortgage rates under Trump.
Related Topics
Stay tuned for more related topics in the future.
