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Fed Chair Powell Under Fire: Political Storm Threatens Central Bank Independence
Fed Chair Powell Under Fire: Political Storm Threatens Central Bank Independence
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Jerome Powell's Fed braces for a political showdown as Washington turns up the heat.
Pressure cooker economics
The once-sacrosanct divide between monetary policy and politics is cracking under the weight of election-year demands. Market watchers see the writing on the wall—when politicians smell blood in the water, central bank independence becomes negotiable.
Wall Street vs. Pennsylvania Avenue
Traders are pricing in the worst-case scenario: a Fed that can't say no to Capitol Hill. The irony? The same lawmakers crying for rate cuts today will blame Powell for inflation tomorrow. Some things never change in the world of performative economics.
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