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Powell Cooled Economy Well
- Jerome Powell managed to cool the economy responsibly without triggering unemployment.
- Trump's policies and public threats have complicated Powell's job significantly.
Powell’s Political Stance
- Powell is a centrist Republican favoring stability, free trade, and low taxes.
- This places him far from the MAGA Republican ideology Trump now represents.
Fed 'Fire' Control Explained
- The Fed uses interest rates to control economic 'fire' by dampening or fueling spending.
- Raising rates cools the economy; lowering them stimulates growth, a usually effective tool.