Trump against the Fed: Rate Cuts vs. Inflation Control?
Donald Trump does not give up in his pressure on the President of the Federal Reserve, Jerome Powell, to lower interest rates.
Through his social media, Trump has nicknamed him "Jerome 'the Slowpoke'" and criticizes what he considers a slow management of economic policy.
Meanwhile, the former president defends his stance that tariffs are not the cause of inflation, claiming they only bring economic benefits to the United States.
This situation generates an interesting debate:
Should the Fed yield to the pressure and lower rates to stimulate the economy, or maintain caution to ensure that inflation stabilizes at the 2% target?
The Fed has already announced that one or two rate cuts are expected by the end of the year, but will it be enough for both sides?
Let us know what you think! Who is right in this economic standoff?