Trump advisor: Fed board should consider overturning Powell's opinion
2025-07-07 21:26:17
According to CBS, Navarro, the White House trade adviser, said the Federal Reserve board should consider overriding Chairperson Powell and lowering interest rates. "My recommendation is that at the July 29-30 committee meeting, if Powell continues to refuse to cut rates when the data shows they should, then the rest of the board should vote on what should be done, which is to cut rates," Navarro said.
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