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Bloomberg Quint

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Image Credit: Bloomberg Quint

Powell’s Successor May Struggle To Deliver The Rate Cuts Trump Wants

  • Trump's desire for rate cuts may face challenges with the next Fed chair.
  • Investors are betting on rate drops post Powell's term, driven by Trump's influence.
  • New chair will need support for rate adjustments from FOMC members amid differing views.
  • Multiple contenders for Fed chair job, including those echoing Trump's call for rate cuts.
  • Fed officials divided on rate cuts due to differing views on inflation and tariffs.

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