If Trump wants rate cuts, he would likely need to replace the Fed's full board along with Powell

Jesse Pound - CNBC - 17:56
Changing out the Federal Reserve chair doesn't guarantee rate cuts for President Donald Trump, according to Wall Street economists.
U.S. President Donald Trump speaks to the media during the annual White House Easter Egg Roll, on the South Lawn of the White House in Washington, D.C., U.S., April 21, 2025.
Leah Millis | Reuters

President Donald Trump's public criticism of Fed Chair Jerome Powell has fueled concern that he will try to fire the central bank chief, but even that historic and legally questionable move may not be enough for Trump to bend monetary policy in his preferred direction.

Even firing Powell won't ...
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