Blinder Says Trump Has Been 'Spot-On' Regarding the Fed

The transcript discusses the Federal Reserve's restrictive stance and President Trump's approach to it. Despite Trump's tendency to criticize, he has not pressured the Fed, respecting its decisions on interest rates. The speaker appreciates Trump's appointments to the Fed and suggests he should continue this approach, emphasizing the importance of low interest rates for borrowers.

What is the speaker's main advice to President Trump regarding the Federal Reserve?

• To lower the interest rates immediately

• To replace the current members of the Fed

• To leave the Federal Reserve alone

• To increase the pressure on the Fed

How does the speaker view President Trump's appointments to the Federal Reserve?

• As a strategy to control the Fed's decisions

• As good appointments, some of whom are not yet on the board

• As irrelevant to the current economic situation

• As poor choices that need reconsideration

What is President Trump's stance on interest rates according to the speaker?

• He prefers high interest rates to control inflation

• He is indifferent to interest rate changes

• He is a low interest rate advocate

• He wants to eliminate interest rates altogether

Despite his tendency to criticize, what has President Trump not done regarding the Federal Reserve?

• He has not replaced any members of the Fed

• He has not criticized the Fed for raising interest rates

• He has not praised the Fed's decisions

• He has not ignored the Fed's actions

What is the speaker's final message to President Trump about his approach to the Federal Reserve?

• To appoint new members to the Federal Reserve

• To increase his involvement in the Fed's decisions

• To continue his current approach of non-interference

• To change his approach and start criticizing the Fed