I think it’s the greatest job in government you show up to the office once a month and you say let’s see flip a CO and everybody talks about you like you’re a God while President Trump thinks that fed share Jerome Powell has an easy job in reality he has quite The Balancing Act in the short term he has to guide a Fed in reacting to economic trends that are already in place among them are jobs report that was recently clouded by strikes and hurricanes and then there’s the feds preferred inflation gauge which picked up in September longer term the FED is expected to react to potential impacts from policies in the Trump Administration among them are likely tariffs which could Stoke inflationary pressures as investors are betting on at the moment then there’s also the question of Trump’s potential impact on the fed’s independence Howell is expected to stick to the script and say that the central bank is independent from the government but fed Watchers are bracing for extra scrutiny anyway remember that in Trump’s first term the Federal Reserve raised rates in 2017 and 2018 and then president Trump implored Powell to lower them which wrote the convention of the White House traditionally not interfering or commenting on monetary policy