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Trump vs. the Fed, briefly explained

2 3
18.04.2025
Fed chair Jerome Powell. | Jamie Kelter Davis/Bloomberg via Getty Images

This story appeared in the Logoff, a daily newsletter that helps you stay informed about the Trump administration without letting political news take over your life. Subscribe here.

Welcome to The Logoff: Today I want to add a little perspective to President Donald Trump’s attack on Federal Reserve chair Jerome Powell, which made headlines but might not be a crisis — at least, not yet.

What’s the latest? Trump criticized Powell today, urging the central bank head to lower interest rates and saying his “termination cannot come fast enough!” Powell had said Wednesday that Trump’s tariffs........

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