Yesterday (21 April), Trump took to his Truth Social platform to lambast the path of US interest rates under Powell, citing calls for ‘pre-emptive cuts’ by “many” as energy and food costs were “trending down”.
US-tariff landscape shifts with increased levy on China as officials warn Trump of ‘havoc’ wrecking policies
US inflation decreased to 2.4% in March. However this covered the period when Trump’s ‘Liberation Day’ tariffs came into effect, which economists and central bank chiefs, including Powell, have warned could be majorly inflationary.
Earlier this month, the US government…
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