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Trump demands decisive action from the Fed

August, 01 2025

Donald Trump has again criticized Fed Chairman Jerome Powell, saying that interest rates should be lowered immediately. He called on the Fed's board of governors to take over if Powell refuses to change current policy. Trump's statements came after the Fed left rates unchanged, and Powell refrained from making specific forecasts for September at a press conference. Investors assume that only one rate cut may occur before the end of the year. Rate decisions are made by the Federal Open Marke... Read More

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