Fed officials still resisting pressure to cut interest rates after Trump calls for Powell’s ‘termination’

Apr 17, 2025 - 07:15
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Fed officials still resisting pressure to cut interest rates after Trump calls for Powell’s ‘termination’
New York Fed President John Williams pushed back on calls from President Donald Trump and others for a quick interest-rate cut, saying the Federal Reserve’s benchmark rate was in a good place for the time being.

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