#TrumpVsPowell old tensions resurface, the conflict between President Donald Trump and Jerome Powell, the Chairman of the Federal Reserve, comes back into focus with intensity. Trump, known for his candor and public criticisms, did not hesitate once again to attack Powell's monetary policy 📢.
The reason? Repeated interest rate hikes, which Trump sees as detrimental to the growth of the American economy and to market confidence 📉. In response, Powell argues that inflation still poses a real threat, requiring decisive steps to maintain price stability ⚖️.
Trump believes Powell's policies stifle the economy and weaken his chances of re-election in 2028, while Powell sees the Federal Reserve as not a political tool, and it should operate independently based on actual economic data 🧠.
The conflict between the two reflects a broader battle between politics and economics in America. Will Powell back down under Trump's pressure? Or will he continue on his path maintaining the independence of the central bank? 🤔
Followers are divided between Trump supporters who see him as the protector of the economy 💼, and Powell supporters who trust his professionalism and financial expertise 🧾.