#TrumpVsPowell With sharp critiques, former president reignites political tension with Jerome Powell and provokes new noise in the global financial market.

Donald Trump once again targeted the president of the Federal Reserve (Fed), the Central Bank of the United States. In recent statements, the former president claimed that Jerome Powell is 'always very late and wrong' in decisions regarding the country's interest rates. The criticism came in direct response to comments made by Powell, who linked the trade war initiated by Trump to the current difficulties in controlling American inflation.

The verbal offensive did not go unnoticed. The financial market reacted cautiously, trying to decipher the political and economic developments of the clash between two of the most influential figures in the global economy.

War of narratives

In the statement that prompted Trump's response, Jerome Powell stated that the tariff policies adopted by the former president create obstacles to price stability — the Fed's main mission. He warned that protectionist measures hinder the balance of supply and demand, putting pressure on inflation and, consequently, interest rates.