Analysis: The Federal Reserve's defenses are facing Trump's impact, insiders "playing it safe"

Although some economists later echoed Trump, suggesting that the Federal Open Market Committee (FOMC) should cut interest rates, Trump's public outbursts of anger are unusual: he called Powell "Too Late Powell," "Stubborn Mule," "Big Loser," and "Fool." Wall Street is uneasy about these attacks.
Even if they hope to see rate cuts, they are reluctant to see the independence of the central bank threatened. The Federal Reserve's defenses are facing Trump's impact, insiders "playing it safe." After Trump abandoned the idea of firing Powell, he turned his focus to other FOMC members. In September, he attempted to drive Fed Governor Cook off social media, accusing her of falsifying mortgage applications. Cook denied this and took the case to the Supreme Court. The hearing is scheduled to begin in January .