The confrontation returns anew! ๐ฅ
In a scene that recalls old tensions, the conflict between President Donald Trump and Jerome Powell, the Chairman of the Federal Reserve, is back in the spotlight with force. Trump, known for his bluntness and public criticisms, did not hesitate once again to attack Powell's monetary policy ๐ข.
The reason? The frequent interest rate hikes, which Trump sees as harmful to the growth of the American economy and to market confidence ๐. In response, Powell argues that inflation still poses a real threat, requiring decisive steps to maintain price stability โ๏ธ.
Trump believes that Powell's policies stifle the economy and weaken his chances for re-election in 2028, while Powell sees the Federal Reserve as not a political tool, and it 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.