#TrumpVsPowell *Powell's Independence*: Powell maintained the independence of the Federal Reserve and resisted Trump's pressure to lower interest rates. The Fed continued to make decisions based on its dual mandate of maximum employment and price stability.
- *Differences in Economic Policy*: Trump and Powell have different views on economic policy. Trump advocated for lower interest rates and a more accommodative monetary policy, while Powell took a more cautious approach, prioritizing inflation control.
- *Impact on the Market*: The tension between Trump and Powell contributed to market volatility, with investors closely watching the Fed's decisions and Trump's reactions.
The dynamics between Trump and Powell reflect the ongoing debate about the role of monetary policy in supporting economic growth and controlling inflation.