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Trump nominates Stephen Miran to the Federal Reserve board, aiming to influence interest rates and Fed policies.
The only time Powell wasn’t too late was when he lowered interest rates before elections, Trump said while speaking to CNBC.
“Our house view continues to be that the Fed won’t cut this year, but will end up cutting more than expected next year,” Morgan Stanley strategists said. Incidentally, both banks are now at odds with ...
President Donald Trump has for months tried to pressure Federal Reserve chair Jerome Powell to resign from his post if he doesn't cut interest rates.