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Posted: 2025-04-18 08:11:47 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-18 08:19:00 UTC
Verified By
Rollup News
Donald Trump is pushing for the dismissal of Federal Reserve Chair Jerome Powell, criticizing his monetary policies and advocating for rate cuts. Powell is resisting political pressure, asserting the Fed's independence. The conflict has implications for market stability and the balance between political influence and central bank autonomy.
Trump's call for Powell's dismissal and criticism of Fed policies
Powell's defense of the Fed's independence and commitment to his term
Potential market instability due to political interference
Trump's advocacy for tariffs and their impact on inflation
The philosophical clash between Trump's economic views and Powell's approach
Potential for increased inflation due to tariffs
Risk of undermining central bank independence
Market uncertainty due to political interference
Potential for retaliatory actions from trade partners
The Fed's need to balance political pressure with economic stability