🦺Trump vs. Powell: Federal Reserve Rate Cuts Update 🇺🇸
President Trump criticizes Fed Chair Jerome Powell, calling him “too slow” on rate cuts. The Fed has lowered rates to 3.5–3.75% this year to support the economy, but Trump argues deeper cuts are needed to boost growth.
With Powell’s term ending May 2026, Trump may nominate a new chair aligned with his economic views, raising questions about the Fed’s independence. Markets could see increased volatility as this unfolds.
📊 Stay alert for the next moves on interest rates and economic policy!
The tension between President Trump and Fed Chair Jerome Powell has reached a boiling point as 2026 begins. With the Federal Reserve transitioning from a restrictive stance to a more neutral one, the "independence" of the central bank is becoming the central theme of the year's economic discourse.
