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Trump blasts Fed chairperson for not lowering interest rates

# US president Donald Trump blasted Federal Reserve chairperson Jerome Powell for not lowering interest rates, calling him “always too late and wrong”. Trump wrote on his TruthSocial platform that Powell’s termination cannot come fast enough. The central bank’s chair warned yesterday that Trump’s sweeping tariffs on virtually every trade partner could put the Fed in the unenviable position of having to choose between tackling inflation and unemployment.