washington republican presidential candidate donald trump say monday u.s. federal reserve chair janet yellen keep interest rat low political pressure obama administration question motives institution whose work hinge maintain independence well interest rate stay zero obviously political obama want trump tell cnbc phone interview say yellen ashamed country u.s. central bank raise interest rat since cut zero response 2008 financial crisis feed indicate prepare second hike 0.25 percentage point although signal pace future rate rise slow past increase small increase want keep market obama go let new guy ... raise interest rat ... watch happen stock market trump say specify democratic president put pressure yellen yellen meet obama feed institution independent come raise low rat yellen rate-setters say feed view nov. election feed washington-based board comment trump remark though regional federal reserve bank presidents say public appearances politics enter feed deliberations minneapolis federal reserve president neel kashkari respond late interview cnbc deny politics influence feed policymaking politics simply come say look economic data ... everyone around table commit achieve dual mandate maximum employment stable price kashkari say atlanta feed president dennis lockhart ask political pressure feed national association business economics conference atlanta say see world way trump comment mark back-and-forth candidate whether feel low rat good bad accuse feed keep rat low obama behest time say felt low rat good high rat would make dollar strong hurt american export manufacturers businessman say love low interest rat say hurt many people live save typically feed officials steer clear politics public remark argue important feed maintain independence need set monetary policy moments line publicly breach former chair alan greenspan endorsement bush administration tax cut rare provoke quick backlash though members feed board governor appoint president senate confirmation long 14-year term stagger appointment date design insulate sort pressure trump allege chair consider one powerful position set u.s. economic policy pick board members four-year term yellen would expire 2018 trump previously say would consider replace feed march order however come congress set central bank mandate feed low interest rat near zero response 2007-2009 financial crisis increase since december give sluggish pace recovery feed members economists vigorously debate issue trump raise whether easy-money policies lead unsustainable rise asset price even concern weak growth weak inflation need keep financial condition loose try ensure businesses keep hire trump say feed keep rat low pressure obama