#TrumpVsPowell The Clash Over Economic Control

The tension between Donald Trump and Jerome Powell, the Chair of the Federal Reserve, has once again made headlines. Trump, known for his outspoken criticism of the Fed, has long accused Powell of undermining his economic agenda by raising interest rates during his presidency. As Trump eyes a return to the White House, he has hinted at removing Powell or restricting the Fed’s independence to ensure lower rates and faster economic growth.

Powell, on the other hand, has consistently emphasized the importance of central bank independence and inflation control. His policies aim to stabilize the economy, even if they sometimes go against the preferences of elected officials.