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Trump: Economy May Slow If Powell Doesn't Cut Rates

Business Standard

|

April 22, 2025

Nasdaq down 3.3%, Dow 2.8% in early trade

- BLOOMBERG

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

Trump asserted in a social media post Monday that "there can be almost no inflation" because of falling energy and grocery prices.

Business Standard

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