Jerome Powell will be FIRED in April
Rates will be cut by 2% on next FOMC meeting
Next target: $BTC - $150K, $ETH - $5K, $SOL - $500
Here's Trump's secret plan and when crypto will explode👇
𓁼 On April 17, Donald Trump called for the immediate dismissal of Federal Reserve Chair Jerome Powell, labeling him “consistently late” and unfit for the role
𓁼 He criticized Powell for not cutting interest rates despite falling oil and food prices and referred to the Fed’s latest report as “a typical mess”
𓁼 According to Trump, the Fed is acting too slowly and holding back the U.S. economy when conditions clearly call for easing.
𓁼 Trump pointed to the European Central Bank as a contrast, noting it has cut rates seven times since mid-2024
𓁼 Meanwhile, the Fed has only made one 1% reduction in the same period and maintains rates at 4.25–4.5%
𓁼 He believes this gap is putting the U.S. at a disadvantage in global markets and slowing job creation.
𓁼 Trump claims that the U.S. is generating billions in revenue each week from tariffs imposed earlier this month
𓁼 He argues this income offsets inflation risks and strengthens the economic case for rate cuts
𓁼 For him, strong tariff-driven inflows plus declining consumer prices create a clear opportunity for monetary easing.
𓁼 On April 2, Trump announced tariffs between 10% and 49% on imports from 185 countries and up to 145% on Chinese goods
𓁼 He described this as a strategy to defend domestic industries and rebalance trade flows
𓁼 Critics warn the policy could drive up input costs and prompt retaliatory actions from key trade partners
𓁼 Still, Trump insists these tariffs will stimulate manufacturing and make the U.S. more self-reliant.
𓁼 In response, Jerome Powell warned that the tariffs could increase inflationary pressure and disrupt economic growth
𓁼 He said the Fed needs more data to assess how tariffs affect supply chains, pricing, and consumer confidence
𓁼 Powell emphasized that monetary decisions must be based on long-term stability, not short-term political narratives.
𓁼 Powell reminded the public that the Federal Reserve operates independently and that the President lacks the authority to remove its chair
𓁼 He declared he will not resign and intends to serve his full term, which ends in May 2026
𓁼 He stressed that policy decisions will continue to be guided by economic indicators rather than political pressure.
𓁼 Nevertheless, Trump escalated the situation by filing a request to the Supreme Court on April 11
𓁼 His aim is to gain legal power to dismiss the heads of independent agencies, including potentially the Fed chair
𓁼 If approved, this could set a constitutional precedent and allow Trump to bypass traditional institutional limits.
𓁼 Trump’s conflict with Powell is not new - it dates back to 2018, when Trump himself appointed Powell
𓁼 By 2019, Trump was already calling the Fed “the only problem” with the economy and blamed Powell for tightening too aggressively
𓁼 Now, with Trump back in office, his pressure has become more direct and legally strategic.
𓁼 Market reaction to these developments has been mixed
𓁼 Following Powell’s recent comments, the dollar dipped slightly while U.S. equity markets rose between 0.2% and 1.6%
𓁼 Investors appear cautiously optimistic, but political interference remains a key source of uncertainty.
𓁼 The next Fed meeting on May 6–7 will be closely watched for any policy shifts or signals
𓁼 Markets will look for clues on whether the Fed will proceed with rate cuts or maintain a cautious approach
𓁼 The tone of the post-meeting statement could either ease tensions or further widen the divide with the White House.
𓁼 Treasury Secretary Scott Bessent confirmed that the Trump administration plans to begin identifying Powell’s potential successor this fall
𓁼 This suggests that even without court approval, the White House is preparing to change Fed leadership after May 2026
𓁼 But if the Supreme Court rules in Trump’s favor, that timeline could shift much sooner.
𓁼 Economists warn that undermining central bank independence could damage U.S. credibility and raise borrowing costs
𓁼 A politically dominated Fed would lose market trust, making inflation control and crisis management far more difficult
𓁼 These risks grow with every new attempt to subject the Fed to executive influence.
𓁼 Trump advocates for protectionism, low rates, and direct political control over economic levers
𓁼 Powell stands for institutional stability, data-driven decisions, and inflation management
𓁼 This is more than a personality clash - it’s a collision between two economic philosophies.
𓁼 In the short term, Powell may delay rate cuts to avoid the appearance of yielding to political pressure
𓁼 In the long term, continued attacks from the White House could weaken the Fed’s authority and destabilize expectations
𓁼 The outcome of this confrontation may redefine the balance between democratic institutions and market governance in the U.S.
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