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Trump again targets Fed’s Powell on interest rate cuts

Investing.com•Wednesday, October 29, 2025 at 6:48:31 AM
NegativeFinancial Markets
Trump again targets Fed’s Powell on interest rate cuts
Former President Donald Trump has once again criticized Federal Reserve Chair Jerome Powell, urging for interest rate cuts to stimulate the economy. Trump's comments come amid ongoing concerns about inflation and economic growth, highlighting the tension between political leaders and central bank policies. This matters because interest rates significantly influence borrowing costs, consumer spending, and overall economic health, making the Fed's decisions crucial for the financial landscape.
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