President Donald Trump's attack on Powell over interest rates came after Vice President JD Vance and Commerce Secretary Howard Lutnick also targeted him.
Powell and the Fed have done an amazing job of bringing down inflation in spite of TACOs tariffs and overall terrible economic policy. Powell deserves praise and history will probably heap it on him.
I’m torn on this because that is correct, but it also means that the average person hasn’t seen just how damaging those policies really are. The damage control is working well enough that many people aren’t noticing there’s much damage at all.
Powell and the Fed have done an amazing job of bringing down inflation in spite of TACOs tariffs and overall terrible economic policy. Powell deserves praise and history will probably heap it on him.
I’m torn on this because that is correct, but it also means that the average person hasn’t seen just how damaging those policies really are. The damage control is working well enough that many people aren’t noticing there’s much damage at all.