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flag President Trump criticizes Fed Chair Powell over interest rates, blaming him for hurting the housing market.

flag President Trump has criticized Federal Reserve Chair Jerome Powell, blaming him for hurting the US housing industry by not cutting interest rates aggressively enough. flag Trump calls for significant rate cuts, but investors and economists expect the Fed to only lower rates by a quarter point in September, with another potential reduction later. flag Trump's comments come ahead of Powell's speech at the Jackson Hole symposium, amid concerns over the housing market slowdown.

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