币界网报道:Federal Reserve Chair Jerome Powell defended the central bank's independence after former President Donald Trump called him "very dumb" for not lowering interest rates. Speaking at a Senate hearing, Powell emphasized that the Fed makes decisions "without consideration of political factors," responding to Trump's criticism that rate cuts would boost the economy ahead of the election. The Fed recently paused rate hikes but signaled potential cuts later this year if inflation continues easing. Powell stated the Fed remains data-dependent, focusing on maximum employment and price stability. Trump, who frequently criticized Powell's policies during his presidency, recently suggested the Fed chair intentionally avoided rate cuts to harm his reelection chances. Powell declined to comment directly on Trump's remarks but reiterated the Fed's commitment to nonpartisan economic stewardship. The exchange highlights ongoing tensions between the Fed and political figures over monetary policy decisions.