Opinion: Powell sticks it to Trump on interest rates — and beyond - MarketWatch
1. Interest rates are rising despite criticism of the Fed's policies. 2. 10-year Treasury yield stands at 4.39%, reflecting market confidence in Powell. 3. Inflation expectations remain above Fed's 2% target, contradicting Trump’s claims. 4. Labor market shows signs of slowing and decreasing growth due to policies. 5. Powell plans cautious staff reductions, maintaining stability in Fed operations.