In a bold political move, former U.S. President Donald Trump has publicly criticized Federal Reserve Chair Jerome Powell for maintaining high interest rates, despite increasing economic pressures. Trump suggested Powell should be removed from his position “as soon as possible,” blaming the Fed’s monetary policy for stalling economic growth and compounding the effects of ongoing trade tensions. With Trump continuing to influence American politics, his criticism reflects a deepening divide over how to handle inflation and trade imbalances, particularly with global partners like Japan.
