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Powell’s next independence challenge: How to do what Trump has been asking for while preserving credibility
fortune.com/2025/08/23/jerome-powell-federal-reserve-independence-trump-inflation
Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he faces a new challenge: how to do it without seeming to cave to the White House’s demands.
For months, Powell has largely ignored President Donald Trump’s constant…
This story appeared on fortune.com, 2025-08-23 11:18:58.