Do lower interest rates benefit Trump?

[question everything]

Why else would he demand it? And go after his own Fed Chief?

[PoliticAverse]

1. Lower interest rates provide a benefit to the economy until the inevetible reality sets in

(sometimes severely). And elections are about "the economy, stupid" (https://en.wikipedia.org/wiki/It's_the_economy%2C_stupid )

[DemocratSinceBirth]

2. He believe lower interest rates will stimulate the economy

He believe lower interest rates will stimulate the economy and stave off a slow down or a recession. The problem is rates are at historic lows and if the Fed cuts more they will have no room to cut if a real recession occurs. Trump can't see past the next news cycle.

[unblock]

5. Even if he could see that far ahead, he wouldn't care

All he cares about is making the recession start after the election.

And the usual personal profit, of course.

[Snackshack]

3. Yes.

To the tune of potentially millions of dollars.

[guillaumeb]

4. He might be hoping for lower interest rates

on his own business and personal loans.

[secondwind]

6. He owes a ton of money. Yes, he benefits personally

[RockRaven]

7. I saw some punditry which hypothesized Trump doesn't understand the difference between

the Fed's interest rate and the rate the US Treasury must pay when issuing bonds to borrow money -- essentially that he might think if the Fed lowers interest rates then his massive deficits aren't so bad.

Obviously Trump having hundreds of millions of dollars (or more) in debt to large banks, a portion of which is probably always being refinanced or churned over in a sort of musical-chairs of debt amongst his many many LLCs, is another possible explanation with a more direct personal benefit/conflict of interest.

It's always hard to tell with Trump if the incompetence or the selfishness is the dominating factor.

[tirebiter]

8. If he doesn't have a 401k it does.

That’s money to the banks that we have to pay them to take.

[sandensea]

9. Probably.

His Orangeness has more debts he can shake a stick at - many of them with variable interest.

There's also the political question, though he probably overestimates the effect slightly lower rates might have on his re-election chances.

I can just hear him now: "I don't wanna end up like Jimmy Carter!!"

And he won't. Because he'll end up in Ft. Leavenworth.