Trump under pressure: Fed boss Powell in the line of fire-demand for lower interest rates and speculations about possible discharge

Trump under pressure: Fed boss Powell in the line of fire-demand for lower interest rates and speculations about possible discharge

Trump criticizes Fed boss Powell and demands interest reductions

In the past few days, former President Donald Trump has once again spoke and sharply criticized the Federal Reserve and its chairman Jerome Powell. Trump demands that interest rates reduce the US economy. These statements raise questions and cause uncertainty on the financial markets.

In addition, rumors are circulating about a possible dismissal of Powell, which further complicates the situation. Such a development could have far-reaching consequences for the monetary policy orientation of the Federal Reserve and thus also for the stability of the US economy.

In this context, it is important to look at the effects of interest rates on the economic situation. Higher interest rates usually have a braking effect on investments and consumption, while lower interest rates can stimulate. The discussion about the interest policy of the Federal Reserve therefore remains a central topic in the current economic debate.