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Can Trump fire Powell before his term ends?

Washington | President Donald Trump on Thursday lambasted Federal Reserve chair Jerome Powell – saying his “termination cannot come fast enough” – after Powell said the administration’s trade war would likely cause a temporary increase in inflation.

Trump has repeatedly called for the Fed to lower interest rates, and indicated he does not want Powell to keep his position.

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    Original URL: https://www.afr.com/world/north-america/can-trump-fire-powell-before-his-term-ends-20250418-p5lsom