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Trump personally told Fed Chair Powell it was a mistake to not lower rates, White House says

By Thomson Reuters May 29, 2025 | 12:48 PM

WASHINGTON (Reuters) – President Donald Trump told Federal Reserve Chair Jerome Powell in a private meeting on Thursday that he was making a “mistake” by not lowering key interest rates, White House spokeswoman Karoline Leavitt said.

(Reporting By Gram Slattery and Jarrett Renshaw; Editing by Chris Reese)