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Former President Trump renewed his attacks on Federal Reserve Chair Jerome Powell, urging the Fed's board of governors to override Powell's decisions on interest rates. Trump criticized Powell for not cutting rates, calling him 'stubborn' on his Truth Social platform. Powell, supported by most of the board, has maintained the benchmark rate, citing the need to assess the impact of Trump's tariffs on inflation. Trump demanded the board take control if rates aren't lowered substantially.

Prepared by Christopher Adams and reviewed by editorial team.