Mortgage Rates at 18%? That’s What We Got the Last Time a President Strong-Armed the Fed
HousingWire, Sept. 23, 2019–Kathleen Howley
The National Bureau of Economic Research has weighed in on one of the most chilling questions to arise in decades on the usually dry topic of monetary policy: If a U.S. president tries to influence the most powerful central bank on the planet with public name-calling and derision, can it work?