Home / Business / Trump denounces Powell of the Fed: "I do not agree with him at all" @ Forex Factory

Trump denounces Powell of the Fed: "I do not agree with him at all" @ Forex Factory



The really interesting aspect of this type of leadership is the absence of any analysis behind the eyesight. The EDF must rely on an analytical and data framework that links them to its specific legal responsibilities and objectives. Part of the Fed's framework is made up of many other US economic and trade administrative policies that have a direct and indirect impact on the FED's operating environment.

When Powell is publicly criticized by the President, it would be natural to assume that there are specific points of disagreement in the analysis. But that's not what we get. We get initial criticism and no evidence at all to substantiate the argument (there is no argument). The FED must operate within the limits of its legal and professional sphere and report to the markets openly and often, must meet and discuss all the evidence and publicly report the results, and must appear before the congressional committee hearings for explain and defend his views and opinions. the decisions. None of this applies to the president.

Or the president has an argument or he does not. Silence would be preferred if the latter. The explanation would be better if the old one. Mohammed Ali used to pretend to be the biggest and in the ring he was mostly. This guy claims to be the biggest but never gets noticed.


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