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June 19, 2025

Trump Grows Impatient as Powell Remains Firm on Rate Policies

As tensions rise, President Donald Trump expresses growing impatience over Federal Reserve Chair Jerome Powell’s reluctance to implement interest rate cuts. In a recent discussion, EJ Antoni, chief economist at the Heritage Foundation, analyzes the clash between the Trump administration’s aspirations to revive U.S. manufacturing and Powell’s steadfast stance on monetary policy. This ongoing battle highlights the complexities of economic leadership amid challenging market conditions. Stakeholders are left wondering how this dynamic will influence both local manufacturing and broader economic health going forward.

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