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Trump Says Federal Reserve Chair Jerome Powell Should Cut Interest Rates Immediately

Donald Trump said Jerome Powell, chair of the U.S. Federal Reserve, has "Trump Derangement Syndrome" and should lower interest rates at once.

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Terms & Concepts
  • Federal Reserve: The central bank of the United States, responsible for monetary policy including setting benchmark interest rates.
  • Interest rates: The cost of borrowing money, which central banks adjust to influence inflation, spending, and economic growth.