If You Think President Donald Trump and the Fed Are Feuding Now, Wait Until the Effects of the Iran War Hit the Inflation Report

Donald Trump nominated Jerome Powell to succeed Janet Yellen in his first term but has been a vocal critic of Powell and the Fed since the start of his second, non‑consecutive term. That political friction increases uncertainty around Fed leadership and could influence monetary policy expectations and market sentiment around rates.

Analysis

Donald Trump nominated Jerome Powell to succeed Janet Yellen in his first term but has been a vocal critic of Powell and the Fed since the start of his second, non‑consecutive term. That political friction increases uncertainty around Fed leadership and could influence monetary policy expectations and market sentiment around rates.