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Federal Reserve megaphone: Trump is paving the way to blame Powell for any economic downturn
On April 22, Nick Timiraos, a Wall Street Journal reporter who is known as the mouthpiece of the Federal Reserve, wrote that US President Trump has signaled that if his trade war leads to economic weakness and the Federal Reserve does not cut interest rates as soon as possible, he will blame the Federal Reserve. In the process, he also seems to be trying to weaken the legitimacy of this historically independent institution, which may affect its effectiveness. In a social media post on Monday...
2025-04-22 04:13:30
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