Trump affirms Powell’s position at Federal Reserve amidst rate policy disagreements; market worries continue.

In a bid to ease market uncertainties, US President Donald Trump has reassured that Federal Reserve Chair Jerome Powell will not be ousted, despite their differing views on interest rates. Trump’s public criticism of Powell’s hesitance to slash rates due to fears of economic deceleration has stirred speculations. The Federal Reserve stands firm in its commitment to managing inflation, emphasizing stability over short-term gains. Powell’s position appears secure amidst the ongoing debates, providing some stability to the financial markets.

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