鲍威尔错了吗？

Core Viewpoint - The independence of the Federal Reserve is facing unprecedented challenges due to public pressure and threats from Trump, raising questions about Jerome Powell's actions and decisions during his tenure [1][3]. Group 1: Economic Context - Since taking over the Federal Reserve in 2018, Jerome Powell has navigated significant economic turmoil, including the prosperity from Trump's tax cuts, the financial crisis triggered by the COVID-19 pandemic, and a rare inflation surge not seen in 40 years [3]. - By 2025, the inflation rate is projected to decrease to 2.3%, yet the Federal Reserve is expected to maintain interest rates at a high level of 4.25% to 4.5%, refusing to lower rates despite the economic conditions [3]. Group 2: Powell's Leadership - Powell's leadership has been marked by both decisive actions and criticisms; he successfully pulled the market back from the brink of collapse during the pandemic but has also faced backlash for misjudging situations [3]. - During the COVID-19 crisis in March 2020, Powell took bold actions, reducing interest rates from 1.5% to near zero within two weeks as the stock market experienced multiple circuit breakers and unemployment surged to 14.7% [3].