Federal Reserve Chairman Jerome Powell is once again under fire from US President Donald Trump.
This time, the American leader called the Fed chief "politicized and very stupid." It seems the compliments just keep pouring down on the poor central banker!

In light of the current situation, Trump announced that he is considering "three or four" candidates to replace Jerome Powell. But the big question remains: would they be any better than the seasoned financial expert?

"I think he's terrible," the US president said about the Fed chairman. Trump had previously described Powell as a "very politicized guy" and "a very stupid person."

According to experts, these attacks are driven by Powell’s refusal to cut interest rates. The Fed chief has explained his stance by warning that the import tariffs imposed by the president are likely to push prices higher by mid-summer.

Analysts also note that Powell is walking a tightrope by opposing the president. His term does not expire until 2026, yet Trump is openly discussing his potential replacement. Previously, the White House had to deny reports that Trump was planning to fire Powell prematurely.

Trump maintains that he has “better instincts” in business than those making monetary policy decisions in the US, and is confident that his success stems from experience and natural talent.