US central bank under scrutiny as Donald Trump criticizes Powell; Jackson Hole braces for high-stakes speech, why Fed independence matters
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The independence of the US Federal Reserve is under scrutiny. President Trump has pressured the Fed to cut interest rates. He even called for a governor's resignation. Fed Chair Jerome Powell is trying to balance inflation and economic growth. Economists warn that political influence could harm markets. Powell's upcoming speech is crucial for the Fed's future. What's Your Reaction?
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