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Trump Doesn't Impact Our Job at All, Powell Says

Markets

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May 7, 2025

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Bloomberg

Federal Reserve Chair Jerome Powell says he does not worry about pressure from President Donald Trump to cut interest rates. “It doesn’t affect doing our job at all. So, we are always going to do the same thing -- which is, we are going to use our tools to foster maximum employment and price stability for the benefit of the American people," Powell said to reporters in Washington. (Source: Bloomberg)

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