As most Zero Hedge readers already know, there’s been mounting controversy over the Federal Reserve’s decision to hold interest rates where they are as the rest of the world lowers rates, with some critics alleging that Chair Jerome Powell is intentionally keeping policy tight as political retaliation against Donald Trump. Since Trump’s presidency and into his return, tensions have surged—Trump has publicly accused Powell of “playing politics” and using tariff-induced inflation as an excuse to delay rate cuts. This debate spilled into the mainstream this morning on CNBC, where panelists talked about domestic growth ... (full story)