Federal Reserve Chair Jerome Powell has avoided direct public criticism from President Trump following the central bank’s decision to raise interest rates, despite the president’s past sharp rhetoric targeting monetary policy. While Trump has frequently expressed frustration with rate hikes, his recent comments have not explicitly targeted Powell or the Fed’s latest move. Analysts note the shift may reflect a broader effort to avoid escalating tensions amid economic and political sensitivities. The development underscores the delicate balance between independent monetary policy and political pressure.
Fed Chairman Escapes Trump’s Public Ire Over Interest Rate Increase The New York Times
