Trump Turns to ‘Flood the Zone’ Playbook to Attack Powell’s Fed

In the ongoing feud between President Donald Trump and Federal Reserve Chair Jerome Powell, Trump has resorted to his "flood the zone" playbook. This strategy involves inundating the public with a barrage of criticism and attacks, aimed at undermining Powell's credibility and the Fed's independence. Trump has repeatedly criticized the Fed's interest rate hikes, blaming them for slowing economic growth. He has also accused Powell of being a political opponent and has threatened to demote him. These relentless attacks are part of Trump's efforts to exert influence over the central bank's policies, which are traditionally meant to be independent of political interference. The article highlights the tensions between the White House and the Fed, as Trump seeks to shape the narrative and public perception around the central bank's decision-making. This clash underscores the delicate balance between the executive branch and the independent institution tasked with managing the nation's monetary policy.