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The Fed is relishing fighting the White House flab

3 June 2025
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The Fed is relishing fighting the White House flab
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This article discusses the recent communications from Federal Reserve officials following the Supreme Court’s decision granting them job security. President Trump criticized the Fed’s decision not to lower interest rates, arguing it disadvantages the U.S. economically; however, Fed Chair Jay Powell emphasized that monetary policy decisions will be based on economic data and not political pressure. Fed officials, including Austan Goolsbee and Christopher Waller, provided mixed views on tariffs and interest rates, suggesting that economic conditions will dictate future policy adjustments.

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