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    dailyadda

    Fed showdown: Donald Trump’s legal move against Jerome Powell sharpens rate-cut battle; raises questions over central bank independence

    15 hours ago

    The US Justice Department's threat to indict Federal Reserve Chair Jerome Powell over building renovations has sparked a major clash with the White House. Powell claims this is a pretext to force interest rate cuts, asserting his commitment to independent monetary policy. This unprecedented challenge to the Fed's autonomy raises concerns for markets and the broader economy.
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