President Donald Trump renewed his criticism of the Federal Reserve and Chair Jerome Powell for keeping interest rates high, while adding that rates will decline significantly under the next Chair.Rates Will Come Down ‘A Lot’During a speech in Iowa on Tuesday, Trump slammed Powell yet again for being too slow and indecisive when it comes to acting on monetary policies. “We call him too late. He's too late,” Trump said.Trump said that the Fed chair was deliberately keeping borrowing costs elevated, saying Po ...

Central Bank Independence & Monetary Policy - The core debate revolves around the independence of the Federal Reserve and its monetary policies [1] - A historical belief supports an independent central bank to avoid politically motivated credit easing [1] - The aim is to defend the value of money and bond values [1] Economic Impact & Stakeholder Interests - Concerns exist about central banks potentially losing money through their activities [2] - These activities may hinder addressing debt and overall economic challenges [2] - Debt holders favor tight monetary policy for good returns, while those seeking economic stimulation prefer the opposite [3]