Powell & Trump

Federal Reserve Leadership and Stance

• Federal Reserve Chair Jerome Powell firmly stated his intent to serve his full term until May 2026, despite potential conflicts with President Trump. He also emphasized that the law does not permit the president to fire him.
• Powell’s independence from political pressures was underscored through his clear and concise responses during the press conference, signaling his readiness to withstand potential confrontations with the White House.

Monetary Policy and Inflation Outlook