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[Trump Considers Firing Powell Amidst Rate Policy Disagreement And Inflation Concerns] President Trump Is Reportedly Considering Firing Fed Chair Jerome Powell Over Interest Rate Policy. The Article States That Trump's Recent Tariffs Have Increased Inflation Forecasts To 4% Or Higher, Which Is Preventing The Fed From Cutting Rates. Economists Note The Fed Cannot Cut Rates Amidst Rising Inflation And Slowing Growth. Market Speculation Regarding Potential Political Interference With The Federal Reserve Has Contributed To Stock Market Declines.
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