Donald Trump launched a series of blistering attacks against Jerome Powell, the chairman of the Federal Reserve, whom he accuses of not lowering interest rates quickly enough. He called him "Mr. Too Late" and even an "immense loser" on his Truth Social platform.
If Trump anticipates a "big cut" in the Fed's rates, the bond markets and the dollar remain attentive, but the Fed remains focused on inflation and financial stability. Perspective: a presidential wish does not dictate monetary policy. #Macro #Finance #
Here are the key points of this offensive:

💥 Trump's criticisms
- He believes that Powell should have followed the example of the European Central Bank, which has already lowered its rates several times.
- He threatens to fire him before the end of his term, scheduled for May 2026.
- He claims that the tariffs he instituted enrich the United States, and that Powell is "too slow and always wrong."

🏛️ Political pressure on the Fed
- Trump recently had Stephen Miran, one of his economic advisors, appointed as a governor at the Fed, which raises concerns about the independence of the institution.
- Miran is known for defending Trump's economic policy and minimizing the inflationary impact of tariffs.

📉 Economic context
- The Fed has kept its rates between 4.25% and 4.50% since the beginning of the year.
- Inflation slightly decreased in March, particularly due to falling oil prices.

This standoff between the White House and the Fed could have major repercussions on American monetary policy and market stability. If you want, I can help you analyze the economic or legal implications of this situation, especially in relation to your entrepreneurial or research projects.