Did Fed Chair Jerome Powell Throw President Donald Trump Under the Bus Concerning Inflation for a Second Straight FOMC Meeting?
By Bullbit Editorial · March 28, 2026
WhatFederal Reserve Chair Jerome Powell signaled a more hawkish stance on inflation at the March 2026 FOMC meeting, downplaying President Trump's trade policies as a significant contributor to rising inflation.
WhyPowell's comments suggest that the Fed is more focused on the broader economic trends, including a strong labor market and rising wages, rather than the specific impact of Trump's trade policies.
SignalPowell's tone was seen as a clear signal that the Fed is prepared to take action to combat inflation, even if it means contradicting the White House's views on trade.
TargetThe Fed's inflation target of **2.3%** is now seen as increasingly out of reach, with many economists predicting that inflation will exceed **3.5%** by the end of the year.
RiskThe Fed's decision to prioritize inflation control over economic growth poses a significant risk to the stock market, with many analysts warning of a potential **10%** decline in the S&P 500 if the Fed continues to tighten monetary policy.