Trump adviser: Fed board should consider overturning Powells opinion

By: odaily.com|2025/07/07 22:11:25

Odaily News According to CBS, White House trade adviser Navarro said that the Federal Reserve Board should consider overruling Chairman Powell and lowering interest rates. Navarro said: My suggestion is that at the July 29-30 committee meeting, if Powell continues to refuse to cut interest rates when the data shows that interest rates should be cut, then the rest of the board should vote to do what should be done, which is to cut interest rates.

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