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The struggle for political influence on the US Federal Reserve Fed is entering a new phase with its first interest rate reduction this year. For the first time, President Trump has a direct impact on the central bank’s interest rate decisions. Accordingly, his confidante Stephen Miran, who was in the urgent procedure, spoke out in the urgent procedure for the great interest rate required by Trump. However, as the only member, as Fed boss Jerome Powell then emphasized: “There was no broad support for a reduction of 50 basis points today.”
