Trump's Policies Intensify Pressure on Future Federal Reserve Leadership

According to Odaily, U.S. President Donald Trump is escalating tensions for the successor of Federal Reserve Chair Jerome Powell by advocating policies that could increase inflation. At the same time, he continues to pressure the Federal Reserve to declare victory over rising prices. The mission of the next Federal Reserve Chair is becoming increasingly precarious, with challenges expected regardless of who takes over. Even Trump's long-time advisor, Kevin Hassett, who is currently seen as the frontrunner, would face extreme pressure if appointed. The path to interest rate cuts in the short term is likely to become more difficult, potentially leading to dissatisfaction from Trump.