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flag Trump says he won't fire Fed Chair Powell, aiming to stabilize markets roiled by trade disputes.

flag US President Donald Trump stated he will not fire Federal Reserve Chairman Jerome Powell before his term ends in 2026, despite criticizing Powell as "a total stiff." flag Trump's decision aims to reassure markets destabilized by his trade policies and ongoing tariff negotiations. flag The announcement signals a more stable outlook for Powell's leadership at the Fed, despite Trump's desire for lower interest rates.

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