Back to Trump threatens to fire Fed Chair Powell after rates stay unchanged
b29e6697-962c-47c9-b3b2-d84fdda27ec9
Easy
short answer
Name the specific economic tool the Fed uses to fight inflation.
Provide a brief explanation in your own words.
Explanation
The Federal Reserve raises interest rates to fight inflation by making borrowing more expensive and saving more attractive, cooling economic growth.
Related Questions
Trump called Powell a "numbskull" in June 2025 while demanding interest rate cuts.
Easytrue falseWhat nickname has Trump given to Jerome Powell?
Easymultiple choicePowell was originally appointed as Fed Chair by Trump during his first presidency.
Easytrue false
2 more questions available with Premium
Unlock All QuestionsThis question is part of Trump threatens to fire Fed Chair Powell after rates stay unchanged. 5 more questions available.