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