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Trump visits Federal Reserve as he cranks up pressure on Powell to lower rates or resign

140d ago
Business
CNBC
Trump visits Federal Reserve as he cranks up pressure on Powell to lower rates or resign
President Trump visited the Federal Reserve amid escalating pressure on Chairman Jerome Powell to lower interest rates. Trump has publicly criticized the Fed's monetary policy, arguing that lower rates would boost the economy. He has previously hinted at the possibility of firing Powell, although the legality of such a move remains uncertain. The visit underscores the ongoing tension between the White House and the central bank regarding economic policy.
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