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Why Trump might not get rapid interest-rate cuts even after he replaces Fed chief Powell
Trump hopes to get lower rates by replacing Fed Chair Jerome Powell with someone who would do what the president wants. But Powell’s term as chair does not end until May 2026. He’s insisted he won’t resign early.
Some investors have staked out positions in futures markets that will profit if interest rates drop immediately after Jerome ...
The Fed’s 19-member interest rate setting ... Michelle Bowman and Christopher Waller, ... Trump is urging the Fed to cut rates to save the U.S. government money on interest payments ...
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