May 10, 2025

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Loans

Trump Has History Of Underestimating Inflation—And Demanding Lower Rates

Trump nominated Jerome Powell to lead the Federal Reserve in 2017, then quickly turned on him. Drew Angerer/Getty Images Angered about interest rates, President Trump lashed out at Federal Reserve Chairman Jerome Powell Thursday, saying the central banker’s “termination cannot come fast enough!” Most presidents try to maintain distance from the Fed, whose leaders pride

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