šØ #PowellVsTrump: Battle for the Economy!
Things are getting spicy between Trump and Fed Chair Jerome Powell š„
Trumpās going all ināaccusing Powell of choking the economy with high interest rates, even hinting at firing him (legally messy š). Heās also blasting the Fed over a wild $2.5B HQ renovation. Meanwhile, Powellās standing his ground, saying he wonāt bow to politicsāonly the data matters when it comes to fighting inflation šš§
Markets are rattledāstocks dip, bond yields spikeāand the pressureās on.
š„ Is Trump pushing for growthāor playing with fire?