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Trump rules out firing Powell, urges him to cut rates

West Palm Beach | President Donald Trump insisted he didn’t plan to fire Federal Reserve chair Jerome Powell despite his sustained criticism over the pace of interest rate cuts.

“Why would I do that?” he told NBC News on Sunday (Monday AEST). “I get to replace the person in another short period of time.”

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    Original URL: https://www.afr.com/world/north-america/trump-rules-out-firing-powell-urges-him-to-cut-rates-20250505-p5lwir