Trump vs. Powell: The Federal Reserve Clash!

Donald Trump has vowed to remove Federal Reserve Chair Jerome Powell if he wins re-election. However, Powell is standing his ground:

"I intend to serve my full term!"

He argues that Trump doesn’t have the authority to dismiss him at will.

Trump’s Push for Lower Rates

Trump is pushing for interest rate cuts to stimulate economic growth, but Powell remains resolute:

 "Monetary policy is based on economic data, not political pressure."

The Fed’s Independence at Stake?

Powell has cautioned that political interference could destabilize the economy.

What’s Next?

Will the Federal Reserve maintain its independence?

Or will politics start driving economic decisions?

With markets on edge, all eyes are on the Fed! 💵 Stay tuned.