Part 5/12:
The central concern revolves around inflation. Despite some positive indicators earlier, recent upticks in inflation have caused worry, and some analysts posit that tariffs may be partially responsible for this rise. President Trump's desire for lower interest rates to stimulate economic growth may be at odds with the Federal Reserve's cautious approach, especially given the current inflationary trends. Allies of the President have attempted to find legal justifications for Powell's removal, citing alleged procedural violations such as unapproved renovations to the Fed headquarters. However, experts warn that such moves would appear anti-democratic and could damage the President's reputation.