#noticiascripto 🚨Why has the Fed chief become a 'thorn in Trump's side'?

The Republican president recently called for Jerome Powell's immediate resignation amid repeated public criticisms.

Since Donald Trump returned to the presidency of the U.S. at the beginning of the year, his clashes with the president of the Federal Reserve (Fed), Jerome Powell, have been constant and he has even called for his resignation.

The root of the ongoing disputes lies in Powell's refusal all this time to lower interest rates, which are currently in the range of 4.25% to 4.5%. When rates are high, as they have been in recent years, loans, credit, and mortgages become more expensive. Conversely, lowering them could ease household budgets and boost the economy and labor market, although with the risk of increasing inflation.