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President Trump is expected to see the Feds cut interest rates, after months of complaining that the action was long overdue.
The Federal Reserve has indicated it will announce rate cut this week, following a series of poor job reports. Trump has been going after Fed Chair Jerome Powell, referring to him as “too late Powell,” for his refusal to cut rates.
Meanwhile, the Senate will vote whether to confirm Stephen Miran to the Federal Reserve on Monday. The vote comes as the courts decide if Trump had the right to fire Fed Governor Lisa Cook.
