Interest Rates

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Trump’s Search for Powell’s Replacement Adds to Cacophony Around Interest Rate Decision

The end of Jerome Powell’s term as Fed chair will give President Trump his biggest opportunity yet to reshape the central bank.

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Fed Pick Puts Pressure on Bessent to Deliver for Trump

Treasury Secretary Scott Bessent, who is leading the search for the next Federal Reserve chair, could face President Trump’s wrath if the person chosen does not quickly lower interest rates.

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