Wall Street Journal: Trump is paving the way to blame Powell for any recession

Odaily News Nick Timiraos, a reporter for the Wall Street Journal known as the "Federal Reserve's mouthpiece," wrote that U.S. President Trump has signaled that if his trade war leads to economic weakness and the Fed does not cut interest rates quickly, he will blame the Fed.
In the process, he also appears to be trying to undermine the legitimacy of this historically independent institution, which could undermine its effectiveness.
In a social media post on Monday, Trump repeated his demands last week, urging the Federal Reserve to "cut rates immediately." He said: "There is almost no inflation." He also criticized Federal Reserve Chairman Jerome Powell as "Mr. Too Late" and "a big loser." He also accused the Fed of cutting interest rates last fall in order to influence the 2024 US election. (Wall Street Journal)