Trump intensifies criticism of the Fed and Powell amid review of his 100 days

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Trump intensifies criticism of the Fed and Powell amid review of his 100 days

Trump intensifies criticism of the Fed and Powell amid review of his 100 days

Trump intensifies criticism of the Fed and Powell amid review of his 100 days
Trump intensifies criticism of the Fed and Powell amid review of his 100 days

The assessment of the first 100 days of Donald Trump's second term is marked by controversy and confrontation. While various polls reflect low popular approval and growing criticism of the economic impact of his policies, especially tariffs, Trump has once again directed his attacks at the Federal Reserve (Fed) .

During a recent rally and in interviews, Trump has expressed his dissatisfaction with the handling of Jerome Powell , whom he nominated in his first term:

"I know a lot more about interest rates than he does," Trump said, adding that Powell "isn't really doing a very good job."

These criticisms come at a time when the Fed remains cautious about rate cuts, in part due to inflationary pressures that could be exacerbated by the Trump administration's own tariffs.

"We don't want cars from Mexico or Canada... they took our auto companies." – Donald Trump, reiterating his protectionist stance.

Trump celebrates 100 days with a rally in Michigan: Announces air mission and reaffirms key agenda

These statements add to a complex outlook for the administration:

  • Low Approval: Polls from outlets like CNN, ABC, and NBC show historically low approval ratings for a president in his first 100 days.
  • Economic Impact: Economists and analysts point out that Trump's policies, far from boosting the economy, could be contributing to a contraction and fueling inflation.
  • International Relations: Relations with allies such as Canada are being reconfigured following the election of Mark Carney, and tensions with China persist.

Pressure on the Fed's independence is a recurring theme under Trump, generating uncertainty in financial markets and global economic planning.

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Georgina Balam
La Verdad Yucatán

La Verdad Yucatán

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