What Powell needs to do to fend off Trump and keep the Fed independent | Metals Mine

  • What Powell needs to do to fend off Trump and keep the Fed independent

    From morningstar.com

    Outcomes are better when the Fed follows a rule than when it acts discretionarily. Blaming the Federal Reserve for economic disturbances is a common political pastime in the U.S. Still, even by their usual standards, politicians' recent attacks on the Fed are unprecedented and risk serious damage to the Fed's credibility. President Donald Trump has called Fed Chair Jerome Powell a "numbskull" and a "stupid person." Vice President JD Vance has said the Fed's refusal to cut rates is "monetary malpractice." Commerce Secretary Howard Lutnick told Powell that his "job is to help Americans, not hurt them." Juvenile ... (full story)

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Trader#C653
Jul 15, 2025 12:28am
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Fed should not be Independent. That the problem with the Fed. It is the Banks. It needs to be removed! It is Not our Government! Federal Reserve has done more harm than good! We existed better with out them. We need to go back to that!
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