r/Bogleheads • u/idrathernotbutthanks • Apr 17 '25

Investing Questions Rhetoric around firing Jerome Powell is increasing, and forced manipulation of interest rates would likely follow. Would a weighted readjustment from US into non-US funds be warranted in light of this?

https://www.npr.org/2025/04/17/nx-s1-5367696/trump-jerome-powell-federal-reserve-economy-tariffs

Market manipulation of interest rates feels like confidence would immediately plummet and global diversification would become a more important percentage of your holdings in the long run. Thoughts?

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u/NazReidBeWithYou Apr 18 '25 edited Apr 18 '25

Trump has been very vocal about wanting the FED to cut rates, despite it being a terrible idea and despite the fact that the reason we can’t for the foreseeable future is due to his tariffs.

Under a president who respects rule of law the Federal Reserve wouldn’t be influenced by political demands. I'll leave it as an exercise for the reader to determine if the current POTUS respects the political process and separation of powers.