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Trump: Fed Chairman Powell will not be fired, he just needs to lower interest rates

2025-06-12 15:31

Odaily News US President Trump said that he would not fire Fed Chairman Powell, he just needs to lower interest rates. I hope (the Fed) will lower interest rates. We have a lot of short-term debt, and I like long-term low-interest debt. If we lower interest rates by 1%, it means paying 1% less. (Jinshi)