Trump and Powell may have another dispute over interest rates, but there is still a way to resolve it!
On November 21st, market analyst Jeff Cox warned that there may be policy conflicts between usa President-elect Trump and Federal Reserve Chairman Powell in 2025, depending on how the economic situation develops. In 2025, Trump and Powell may clash again over interest rates if the economy overheats and inflation intensifies again. Powell and his colleagues may decide to stop lowering interest rates, which could in turn anger Trump. In his first term, Trump criticized Federal Reserve officials, including Powell, for not loosening monetary policy quickly enough. Despite Powell becoming in 2018.
RBA Has the Labor Market Data It Needs to Justify a Rate Cut, CBA Says -- Market Talk
"Hedge Fund King" fiercely criticizes Trump: tariffs have led the USA into a "slippery slope of crony capitalism," deeply concerned about inflation.
Griffin criticized that the halls in Washington are now filled with special interest groups and lobbyists seeking to raise tariffs to block foreign competition and protect inefficient American companies that cannot meet the needs of usa consumers.
Australia's Judo Bank Manufacturing PMI Improves to 49.4 in November, Services PMI Eases to 49.6
Australian Business Activity Falls to 10-Month Low in November
Chicago Fed Chair: Monetary policy is at a "critical moment", and the future rate cuts may slow down.
Goolsbee stated that the US economy is currently in a transition period, and it is a "critical moment" for monetary policy.
