Opinion: Trump’s punches at Powell risk the Fed’s independence — and threaten the economy - MarketWatch

1. Fed independence is crucial for financial stability and inflation control. 2. Trump's pressure to cut rates may disrupt the bond market. 3. Rising inflation expectations could elevate long-term interest rates. 4. Market uncertainties complicate predictions for GDP and inflation. 5. Powell's tenure remains under scrutiny, impacting future Fed policies.