🇺🇸 Trump vs Powell: Monetary Drama in Washington
Donald Trump is once again calling for Federal Reserve Chairman Jerome Powell to resign, accusing him of "political bias" and "wrong decisions" regarding interest rates. According to Trump, Powell is hindering economic growth by refusing to lower rates — unlike the ECB, which has already reduced them several times.
🔻 Trump compares the situation to the resignation of Adriana Kugler — a Biden appointee who recently left her position. He believes Powell should do the same.
💬 Quote from Truth Social: "Too late. Powell must resign immediately!"
📉 Against this backdrop — a decrease in oil and food prices, as well as increasing pressure on the Fed due to expenses for renovating the headquarters.
This is not just political rhetoric — it's a battle for the future of U.S. monetary policy. Will Powell be able to hold onto his position until 2026? So far, he shows no intention of leaving.