President Donald Trump could be setting up Fed Chair Jerome Powell as a 'scapegoat' if a recession hits, according to an MSU economist.

Trump has repeatedly urged Powell to cut the short-term interest rate that the central bank controls. The Fed typically reduces its rate during an economic downturn to encourage more borrowing and spending, and raises it to cool the economy and fight inflation when prices rise.

A rate cut at either the Federal Reserve’s May or June meeting seems more unlikely Thursday after the most prominent dovish member of the U.S. central bank suggested he was in no hurry to move.