Trump continues criticizing Powell as global leaders stress importance of independence 

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President Trump is still going after Fed Chair Powell. In a Monday Truth Social Post, Trump reiterated that he wants to see lower interest rates now, adding that Powell is “a major loser.” 

Trump is hardly the first president to voice frustrations with the Fed and its leadership. But he is the only sitting president in modern history who has publicly threatened to fire the chair. 

Both Joe Biden and Barack Obama — during their respective terms — said they were disheartened by slow progress on inflation, but each also stressed their respect for the central bank’s…

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