#TrumpVsPowell Wall Street Journal Backs Powell Amid Trump Criticism
Federal Reserve Chair Jerome Powell is in the spotlight again, but this time, he’s got backup from The Wall Street Journal.
After President Trump slammed Powell for warning about the negative economic impact of Trump’s new tariff policies, the WSJ editorial board clapped back, saying:
“The problem for Mr. Trump is that Mr. Powell spoke the truth… the central bank can’t fix policy errors made by politicians.”
Trump’s response?
“Powell’s termination cannot come fast enough!”
He later told reporters, “If I want him out, he’ll be out real fast, believe me.”
The clash began after Powell’s warning on April 3 that massive new tariffs could fuel inflation and hurt growth — triggering a sharp drop in the markets 📉.
But here’s the kicker:
Powell can’t be fired just like that. Fed Chairs can only be removed “for cause”, not just policy disagreements.
This drama could shake investor confidence and add more volatility to an already fragile macro outlook. Keep your eyes on the charts and your stop losses tight!
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