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flag President Trump criticizes Fed Chair Powell, pushing for lower interest rates amid economic pressures.

flag US President Donald Trump has criticized Federal Reserve Chairman Jerome Powell for maintaining steady interest rates, calling him "too stupid" and suggesting he should be replaced. flag The Fed cited a moderation in economic activity and solid labor market conditions but noted high uncertainty. flag Recent weak job growth and elevated inflation have increased calls for a rate cut. flag Trump's pressure and recent resignations have heightened the likelihood of a September rate cut.

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