President Trump has escalated his critique of Federal Reserve Chair Jerome Powell for not reducing interest rates further, causing worry in financial markets. The legal basis for Trump to dismiss Powell remains uncertain, especially in relation to his position as chair. Although terminating Powell altogether may encounter legal obstacles, this scenario brings up substantial inquiries about the autonomy of the central bank.

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Trump escalates criticism of Fed Chair Powell, raising concerns over independence and interest rates. Legal grounds for removal unclear.
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