Trump’s Clash with the Fed: A Power Struggle
President Donald Trump has publicly criticized Federal Reserve Chair Jerome Powell, demanding more aggressive rate cuts to support economic growth. However, experts note that Trump holds limited power to remove Powell from his position. The ongoing tension between Trump and the Fed raises questions about monetary policy direction and its impact on the economy. As Trump continues to voice dissatisfaction with interest rates, investors are left pondering the long-term effects on markets and financial stability. Understanding the interplay between political pressures and central bank independence will be key for navigating these uncertain waters.