𩞠Donald Trump vs. Jerome Powell: The Showdown Over the Fed! đ©ž
đ„ Throughout his campaign, Donald Trump repeatedly vowed to fire Federal Reserve Chair Jerome Powell if re-elected. But Powell stood firm:
đŹ "I will serve my full term!"
He made it clear that Trump does not have the power to remove him unilaterally. đȘ
đą Trumpâs Push for Lower Interest Rates
Trump has long advocated for interest rate cuts đ to spur economic growth. However, Powell remained steadfast:
đ âMonetary policy is the Fedâs exclusive domain, driven by economic dataânot political pressure.â
đĄïž The Fedâs Independence at Stake
The Federal Reserve's autonomy is critical for economic stability. Powell has warned:
â Political interference could lead to economic instability or even collapse.
âš Whatâs Next?
The big question:
đ Will the Federal Reserve withstand Trumpâs pressure?
đ„ Or will political influence start shaping economic decisions?
đź The battle between economics and politics is heating upâstay tuned!
đ” Markets are watching closely! đ”
#EconomyVsPolitics #TrumpVsPowell #FederalReserve