#Trump Pressures Powell# Trump's pressure on Powell: is the independence of the Fed at risk?
This is an example of political pressure that is rarely seen in history.
Trump named his appointed chairman of the Federal Reserve, Jerome Powell:
• Clearly accuses of keeping high interest rates
• "Noble" ( fool ) deliberately attacks with such expressions.
• Even discusses the possibility of suspension, referring to the budget for the repair of the Federal Reserve building.
The markets reacted immediately:
• The dollar has lost value
• Bond interest rates have increased
• Investors focused on sh