Recently, Federal Reserve Chairman Jerome Powell's speech at the Jackson Hole meeting has attracted widespread attention. Trump highly praised Powell's performance, calling him one of the best chairmen in the history of the Federal Reserve. This statement contrasts sharply with Trump's past criticisms of Powell, indicating a significant shift in his attitude.



Trump admitted that when Powell's policies do not align with his expectations, he often forgets that he was the one who appointed Powell to this important position. However, with the Federal Reserve's recent announcement of interest rate cuts, Trump expressed appreciation and pride in Powell's leadership.

This shift in attitude not only reflects Trump's focus on economic policy but also highlights the potential impact of Federal Reserve decisions on the political atmosphere. Under pressure from all sides, Powell has maintained an independent monetary policy while also demonstrating sensitivity to market signals.

Observers point out that this shift in attitude may signal subtle changes in the future direction of U.S. economic policy. Regardless, the performance of the Federal Reserve under Powell in balancing economic growth and inflation control will continue to attract close attention from global financial markets.
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Layer3Dreamervip
· 19h ago
theoretically speaking, powell's monetary stance = f(political_pressure) * market_dynamics...fascinating recursive pattern here
Reply0
NftDataDetectivevip
· 19h ago
seems like trump's mood swings with the interest rates... classic pattern tbh
Reply0
fren.ethvip
· 19h ago
So they changed their tune after the interest rate cut.
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BagHolderTillRetirevip
· 20h ago
After grabbing this wave, just run.
View OriginalReply0
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