Federal Reserve's Strategic Restraint Amid Trump Administration Tensions

According to Odaily, The Washington Post has revealed that during a closed-door meeting in Philadelphia this spring, Federal Reserve regional presidents opted for strategic restraint to avoid conflicts with the Trump administration. This approach has since guided the institution's response to multiple criticisms from U.S. President Donald Trump. The Washington Post confirmed the meeting details, highlighting that the 112-year-old institution's leadership chose to defend its rate-setting independence by avoiding public confrontations and absorbing some impacts without retaliating openly. Analysts suggest that if the Federal Reserve had not adjusted certain policies or had publicly opposed the President's calls for rate cuts, the situation could have worsened, potentially leading Trump to attempt the dismissal of more current board members, including Chairman Jerome Powell.