Trump might try to install a “shadow Fed chair” to push for faster rate cuts. But Powell is just ONE vote. 🤷
The FOMC just voted unanimously NOT to cut rates. Replacing Powell won’t magically flip the rest of the board. So is this smart policy? Or just another political show?
#TrumpVsFed #JeromePowell #InterestRates #FOMC #FedPolicy #ShadowFed #MonetaryPolicy #RateCuts #CentralBank #short