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Interest Rate Clash: Trump and Powell Face Off, Massie Challenges the Fed

Published by news.bitcoin.com on 9 hours ago

Interest Rate Clash: Trump and Powell Face Off, Massie Challenges the Fed

President Donald Trump delivered a sharp criticism of Federal Reserve Chair Jerome Powell this week, amplifying his call for reduced interest rates. This comes as Representative Thomas Massie (R-Ky.) echoed worries regarding the diminishing impact of the central bank.

Trump's remarks underscore his frustration with the Federal Reserve, particularly as the United States now ranks 35th globally in terms of interest rates. His ongoing campaign for lower rates reflects a broader concern about economic competitiveness and growth.

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