#TrumpVsPowell

The confrontation between former U.S. President Donald Trump and Federal Reserve Chairman Jerome Powell is renewed in a scene that seems likely to repeat if Trump returns to the White House. Trump has never hidden his fierce criticisms of Powell's monetary policies, especially regarding interest rates, accusing him of slowing the economic growth during his presidency.

In contrast, Powell insists on the independence of the Fed, emphasizing that his decisions are based on scientific standards aimed at achieving financial stability and combating inflation, away from any political pressures. However, Trump, who views interest rate cuts as key to stimulating the economy and markets, believes presidential intervention is necessary to steer monetary policy in the interest of the people—as he sees it.

With the increasing likelihood of Trump's candidacy in the upcoming elections, questions arise: Will he oust Powell if he wins? Will monetary policy become merely a political tool? In this context, markets stand between optimism for interest rate cuts and fears of undermining investor confidence in the Fed's independence.

The battle between Trump and Powell is not just a personal dispute, but a struggle over who holds the keys to the U.S. economy and who will steer the course of the next phase.