President Trump has been vocal in his criticism of the Federal Reserve, pushing for lower interest rates to coincide with upcoming tariffs. However, the Fed is expected to maintain rates amid concerns of inflation and slowing growth, likely intensifying Trump’s frustration. The president’s tariffs have led to economic uncertainty, with Fitch Ratings lowering its U.S. growth forecast due to the potential negative impact, further straining Trump’s relationship with Fed Chair Jerome H. Powell.
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