Trump says he will demand that interest rates come down, but it won't be that simple

Reporting cited here

1. documented

   The promised direction arrived by year-end rather than immediately, and it was not Trump's to deliver: the independent Federal Reserve made the decisions under its statutory mandate.

   Federal Reserve independence and policy-mechanism explanation

   The Interest-Rate Blame Game — Audit finding · Cited analysis

2. reported

   Independent reporting explained that the Federal Reserve, not the President, sets short-term policy rates and that tariff and deportation policy could complicate the inflation outlook.

   Federal Reserve independence and policy-mechanism explanation

   The Interest-Rate Blame Game — Evidentiary limit · Evidentiary limit