Powell's Reluctance to Mirror Trump's Policy Tactics Puts Fed on Different Trajectory

Federal Reserve Chair Jerome Powell's approach to economic policy under the Trump administration showcases a marked divergence from the Federal Reserve's 2016 strategies. This significant difference is fueled by the shifting economic landscape and evolving priorities as Powell navigates the complexities of interest rates, inflation, and the looming specter of recession.

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Jerome Powell Stands Firm: Fed's Independence Over Political Pressure

In a critical moment for the Federal Reserve, Chair Jerome Powell has signaled a strong commitment to maintain the central bank's independence in the face of growing political pressures, particularly from former President Donald Trump. During a recent event, Powell articulated the Fed's primary mandate of fostering maximum employment and price stability, underscoring that the institution will not sway from its path due to external political influences.

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