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The Independent UK
The Independent UK
Eric Garcia

Jerome Powell keeps interest rates the same — and ignores Trump

On Wednesday, Federal Reserve Chairman announced that he would keep interest rates the same, despite overtures from President Donald Trump.

Trump has repeatedly called for Powell to lower interest rates as he seeks to tilt the global economy in the United States’ favor by levvying across-the-board tariffs against adversaries like China and allies like Canada, Mexico and Europe.

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