Economically illiterate Truth Social post conflates Fed’s prime rate with an individual obtaining lower interest on a car loan President Donald Trump told the Federal Reserve board to “BE PATRIOTS for a change,” in a post on Truth Social Friday. Key points and original sources are listed below.

• Economically illiterate Truth Social post conflates Fed’s prime rate with an individual obtaining lower interest on a car loanS1

• President Donald Trump told the Federal Reserve board to “BE PATRIOTS for a change,” in a post on Truth Social Friday. Trump hailed the US August jobs report while reiterating his call for lower interest rates. Michael McKee reports on Bloomberg Television. (S...S2