A recent shift in President Trump’s approach may signal a strategic positioning of Federal Reserve Chair Jerome Powell as the scapegoat for potential economic instability. This move aligns with Trump’s known ‘art of retreat,’ where he strategically distances himself from anticipated challenges. By emphasizing Powell’s role in monetary policy decisions, Trump could be preparing the public narrative to shield himself from criticism if economic conditions worsen. This tactic underscores the complex relationship between the White House and the Federal Reserve, highlighting the delicate balance between political and economic leadership.
— new from Fortune
