$ETH The conflicts between Trump and Federal Reserve Chairman Jerome Powell have escalated, and most of the disputes between them revolve around monetary policy and interest rates. The main reasons for the disagreement can be summarized as follows:
* Interest Rates:
* Trump has repeatedly called for lowering interest rates to boost economic growth, while Powell believes maintaining current interest rates is essential to contain inflation.
* Trump sees Powell's policies as hindering economic growth, while Powell believes the independence of the central bank is necessary to maintain economic stability.
* Intervention in Monetary Policy:
* Historically, many U.S. presidents have made direct comments about monetary policy, but Trump is more outspoken in criticizing Powell and pressuring him to change monetary policy.
* Many see Trump's intervention in monetary policy as a threat to the independence of the central bank.
* Tariffs:
* The disagreement between them intensified after Powell's comments regarding the impact of tariffs on the economy.
* Powell believes that tariffs could lead to increased inflation and slowed economic growth.
Additionally, there are some other factors that have contributed to the escalation of their disagreement, such as:
* Trump's blunt and direct style in dealing with economic issues.
