White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation
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最新报道：Former President Donald Trump criticized Federal Reserve Chair Jerome Powell's monetary policy decisions, calling them "reckless" and "detrimental to the economy." Speaking at a campaign event, Trump accused Powell of keeping interest rates too low for too long, fueling inflation. He vowed to replace Powell if re-elected, stating the Fed needs "stronger leadership." The remarks come as inflation remains elevated at 3.2% annually, though down from 2022 peaks. Powell, appointed by Trump in 2018 but later reappointed by Biden, has defended the Fed's gradual rate hike approach. Economists warn political pressure could undermine Fed independence in combating inflation.
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