CNN —
President Donald Trump on Thursday continued his extraordinary and targeted verbal attacks on Federal Reserve Chair Jerome Powell, calling for a massive 2.5-point reduction in interest rates.
Despite appointing Powell to the role in 2017, Trump has frequently chastised the Fed chair for keeping rates higher than the president would like. On Wednesday, after a monetary policymaking meeting, the Fed said it would be maintaining rates between 4.25% and 4.5%, noting that the economy remains strong but the path of inflation is uncertain in part because of the enormous tariffs that Trump has
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