Donald Trump is showing why independent central banks are a good idea. The president’s double tirade against Federal Reserve Chairman Jerome Powell on Thursday conjured another dark cloud over financial markets and an economy repeatedly traumatized by his tariff and trade-war chaos.

The US economy continues to grapple with the effects of tariffs imposed during the Trump administration. Market volatility and inflation concerns are at the forefront, impacting consumer confidence and business strategies.

President Trump and Federal Reserve Chair Jerome Powell are facing off over how the central bank will respond to the economic impact of the White House’s trade war. Trump and Powell appear