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Trump Wants a 3-Point Fed Rate Decrease. But You Can't Always Get What You Want.
The right to freedom of speech allows Trump to make demands of the Fed to his heart's content. But legally, he cannot compel the central bank to lower its benchmark interest rate. The Fed has the right to act independently, and its aim is to promote a healthy and stable economy by keeping inflation in check.
President Trump has repeatedly demanded Jerome Powell’s resignation, criticizing him as 'numbskull' for not cutting interest ...
It’s part of a larger push by Trump-aligned officials to probe the Fed and challenge Chair Jerome Powell’s leadership.
Fed officials are increasingly split on rate cuts, though UBS's Paul Donovan says their indecision currently amounts to ...
1don MSN
President Donald Trump says “anybody” but Federal Reserve Chair Jerome Powell should head the central bank. Could that even ...
The debate over how and when the tariffs will affect prices has divided central bank policymakers over the trajectory for interest rates.
U.S. stocks are higher as investors eye President Donald Trump's next tariff moves and await minutes from the last Federal ...
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