The Gaurdian: Powell has said Trump’s trade and immigration policies have caused instability in the US economy, putting himself at odds with the president who has spent the last year demanding lower interest rates.
My Opinion: Powell is defiant as he resists pressure from the president to lower interest rates. The central bank holds interest rates, with conflicting data, like inflation above target, and low job creation.
https://www.theguardian.com/business/2026/mar/18/fed-interest-rates-iran
Posted by truthandfreedom3
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More on this subject from other reputable sources:
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– N-tv (C+): [Senator threatens succession veto: Fed Chairman Powell defends himself against demands to resign](https://www.n-tv.de/wirtschaft/Fed-Chef-Powell-wehrt-sich-gegen-Ruecktrittforderungen-id30487221.html)
– Financial Times (A-): [Federal Reserve chief Jay Powell says Iran oil crisis will worsen US inflation](https://www.ft.com/content/dc961982-e7f6-413c-8c44-65ccfc483486?syn-25a6b1a6=1)
– HuffPost (D): [Fed Projects One Rate Cut This Year As Powell Vows To Stay On Until DOJ Investigation Is Finished](https://www.huffpost.com/entry/jerome-powell-stay-fed-chair_n_69baf935e4b05b29d3ca5e3d?amp;ncid_tag=fcbklnkushpmg00000063&utm_campaign=us_main&utm_medium=Social&utm_source=Facebook&ref=bffbhuffpost)
– CNN.com (C+): [Fed Chair Powell: I’ll stay at the Fed until Jeanine Pirro’s probe is ‘well and truly over’](https://edition.cnn.com/business/live-news/federal-reserve-interest-rate-03-18-2026?post-id=cmmweg1dz00053b6tycq1ojkg&Date=20260318&Profile=CNN,CNN+Politics&utm_content=1773862488&utm_medium=social&utm_source=facebook)
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