From the current situation, Powell still has to finish what he started. In fact, Powell hasn't really done anything wrong; he can be considered cautious.

But from a different perspective, Trump's big beautiful plan itself has increased fiscal spending. Although tariffs can bring in revenue, they also impact the risk market. The best balance point would be for the Federal Reserve to cut interest rates, which would save on the revenue from newly issued bonds and stimulate market liquidity.

Trump's current approach is that although I can't fire you, I can keep annoying you. I can make the whole of America believe that you are the sinner hindering America's development, waging a war of words to force you to resign. If you resign, that's my victory; if you don't, I'll still throw dirt on you.