Federal Reserve Chair's response to Trump's criticisms on interest rates decision
Jerome Powell, the Chair of the Federal Reserve of the United States, refrained from commenting on Donald Trump’s criticisms regarding the recent decision of this institution on interest rates. Powell chose not to engage directly with the President, only stating, ‘People should trust us.’ Tensions between the White House and the central bank continue over monetary policies. These remarks came after the Federal Reserve kept interest rates unchanged in its first decision during Trump’s second presidential term.
