Trump’s Surprise Fed Visit Escalates Tensions With Powell
President TRUMP made an unprecedented visit to the Federal Reserve headquarters amid mounting criticism of Chair Jerome Powell. The move signals escalating tensions over monetary policy and institutional independence.
Trump has repeatedly attacked Powell's handling of interest rates, currently at 4.3%, and the Fed's response to inflation. The president argues for deeper rate cuts to counter trade war impacts, while the Fed maintains a cautious stance awaiting full tariff effects.
Market reaction remains muted despite the political drama. Equity indices continue hitting record highs, suggesting investors see limited immediate risk to financial stability from the Fed-White House conflict.