Deskins Predicts Federal Reserve Will Resist Trump's Interest Rate Pressure

West Virginia University economist John Deskins expects members of the Federal Open Market Committee to maintain federal interest rates despite pressure from President Donald Trump.

According to a recent report, Trump has been influencing the committee to lower interest rates. However, Deskins believes that the committee will resist this pressure and keep the rates steady.

The Federal Reserve's governing body is responsible for setting monetary policy, including interest rates.