Trump, Upping Pressure on Powell, Again Calls for Rate Cuts

Jerome Powell
Photographer: Jamie Kelter Davis/Bloomberg

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By Jennifer A Dlouhy

April 21, 2025 at 10:10 AM EDT

Updated on

April 21, 2025 at 2:19 PM EDT

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President Donald Trump warned the US economy may slow if the Federal Reserve does not move to immediately reduce interest rates, in his latest broadside against Fed Chair Jerome Powell.