The confrontation returns once again! ๐ฅ
In a scene that revives old tensions, the conflict between President Donald Trump and Jerome Powell, the Chairman of the Federal Reserve, resurfaces with intensity. Trump, known for his bluntness and public criticisms, has not hesitated to attack Powell's monetary policy again ๐ข.
The reason? The repeated interest rate hikes, which Trump sees as detrimental to the growth of the American economy and market confidence ๐. In response, Powell argues that inflation still poses a real threat and requires decisive steps to maintain price stability โ๏ธ.
Trump believes that Powell's policies stifle the economy and weaken his chances of re-election in 2028, while Powell maintains that the Federal Reserve is not a political tool and should operate independently based on actual economic data ๐ง .
The conflict between the two reflects a broader battle between politics and economics in America. Will Powell back down under Trump's pressure? Or will he continue on his path, maintaining the independence of the central bank? ๐ค
Followers are divided between Trump supporters who see him as the protector of the economy ๐ผ, and Powell supporters who trust in his professionalism and financial expertise ๐งพ.
