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India News | ‘Paying too much interest’: Trump to announce Fed chair nominee next week, replacing Jerome Powell

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By TOI-India

‘Paying too much interest’: Trump to announce Fed chair nominee next week, replacing Jerome Powell
Representative Image • Source: TOI BUSINESS DESK
President Trump announced he will name his nominee for the next Federal Reserve chair next week, replacing Jerome Powell. Trump has repeatedly criticized current interest rates as "unacceptably high" and hurting the economy. He is considering four individuals for the crucial role.
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