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Business Rundown: President Trump Calls For Interest Rate Cuts & Ousting Powell
Published 9 months, 2 weeks ago
Description
President Trump lashed out at Federal Reserve Chairman Jerome Powell this week after Powell signaled he’s in no rush to cut interest rates. Now, the President is saying, “Powell’s termination cannot come fast enough.”
FOX Business correspondent Lydia Hu speaks with Payne Capital Management President Ryan Payne about the tension over interest rates, market volatility, and the feasibility of the President “firing” Fed Chair Jerome Powell.
Photo Credit: AP
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