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TRUMP SAYS HE IS NOT PLANNING TO FIRE FED'S POWELL

  • NEWS Desk Global
  • Jul 16, 2025
  • 1 min read

U.S. President Donald Trump said Wednesday he is not planning to fire Federal Reserve Chair Jerome Powell even as he unleashed a fresh round of criticism against the central bank chief and declined to completely reject the possibility of ousting him.

The president is likely to fire Powell soon sparked a drop in stocks and the dollar, and a rise in Treasury yields.

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