#TrumpVsPowell
Tensions between President Trump and Federal Reserve Chair Jerome Powell escalated as Trump renewed his push for aggressive interest rate cuts to support his tariff-driven economic agenda. Trump's economic team, now more aligned with his protectionist views, aims to reshape U.S. trade policy despite market instability and inflation warnings from economists and Fed Chair Jerome Powell. Despite Trump's threats, legal experts question his authority to dismiss Powell. Powell has maintained that the Fed operates independently and asserts Trump lacks the legal authority to remove him prematurely. This ongoing feud underscores the growing friction between political ambitions and central bank independence, with potential implications for market stability.This will definitely impact the whole world by having an impact on stocks, crypto , gold, real estate etc.