Trump takes on the Fed – but he has little power over central bank, economists say

theguardian.com/business/2025/jul/07/trump-federal-reserve-jerome-powell

For months, Donald Trump has ranted on social media and, at one point, threatened to fire the Federal Reserve chair, Jerome Powell. Last week, he took on a new, unusual tactic: a handwritten note.
“You have cost the USA a fortune and continue to do so. You should lower the rate – by a…

This story appeared on theguardian.com, 2025-07-07 21:58:12.586000.
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