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Trump's fight against the Fed
The article from Fortune, dated April 18, 2025, discusses former President Donald Trump's ongoing criticism of Federal Reserve Chairman Jerome Powell. Trump, who appointed Powell in 2017, has repeatedly expressed dissatisfaction with the Fed's monetary policies, particularly its interest rate decisions. In recent statements, Trump has accused Powell of undermining the economy by not lowering rates sufficiently, claiming that this has hindered economic growth and his own political prospects. The article also notes that despite Trump's criticisms, Powell has maintained a commitment to the Fed's independence and its dual mandate of maximizing employment and stabilizing prices. Additionally, the piece touches on the broader political and economic implications of Trump's attacks on the Fed, suggesting that they could influence public perception and potentially impact future monetary policy decisions.
Read the Full Fortune Article at:
[ https://fortune.com/2025/04/18/trump-fed-powell/ ]
Read the Full Fortune Article at:
[ https://fortune.com/2025/04/18/trump-fed-powell/ ]