🩸 Donald Trump vs. Jerome Powell: The Showdown Over the Fed! 🩸
🔥 Throughout his campaign, Donald Trump repeatedly vowed to fire Federal Reserve Chair Jerome Powell if re-elected. But Powell stood firm:
💬 "I will serve my full term!"
He made it clear that Trump does not have the power to remove him unilaterally. 💪
🟢 Trump’s Push for Lower Interest Rates
Trump has long advocated for interest rate cuts 📉 to spur economic growth. However, Powell remained steadfast:
📊 “Monetary policy is the Fed’s exclusive domain, driven by economic data—not political pressure.”
🛡️ The Fed’s Independence at Stake
The Federal Reserve's autonomy is critical for economic stability. Powell has warned:
❌ Political interference could lead to economic instability or even collapse.
✨ What’s Next?
The big question:
💎 Will the Federal Reserve withstand Trump’s pressure?
🔥 Or will political influence start shaping economic decisions?
🔮 The battle between economics and politics is heating up—stay tuned!
💵 Markets are watching closely! 💵