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Trump says Powell is a 'moron' and calls for the board to 'assume control' of the Fed, soon after it kept rates steady again

Trump
Business Insider Fews App News Provider
Fews App Post Time há 18d

Jerome Powell faces renewed attacks from Trump, who called him a "moron" after the Fed held rates steady. Chip Somodevilla/Getty ImagesTrump called Fed Chair Jerome Powell a "moron" after the central bank held rates steady once again. The president has consistently pressured Powell to cut interest rates since taking office in January.

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