#TrumpVsPowell **#TrumpVsPowell: Clash Over Economy & Interest Rates**
Former President Donald Trump recently criticized Federal Reserve Chair Jerome Powell, accusing him of playing political games with interest rates. Trump claimed Powell may cut rates to boost Biden’s reelection chances, calling it "very unfair." Powell, appointed by Trump in 2018 but later criticized by him, has maintained the Fed’s independence, focusing on inflation control.
Economists argue rate decisions are data-driven, not political. With inflation still a concern, the Fed’s next moves remain uncertain. The #TrumpVsPowell feud highlights tensions between politics and economic policy. As the election nears, every Fed decision will face intense scrutiny.