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Jai Hamid

Trump: Fed chair must back his rate policy; Kevin Hassett urges faster cuts

On Tuesday, Donald Trump said anyone who rejects his approach to interest rates and the broader U.S. economy would not be chosen to lead the Federal Reserve. In a Truth Social post, he argued strong markets should not trigger hikes and cited 4.2% GDP, while Kevin Hassett pressed for quicker easing after the Fed's Dec. 10 quarter‑point cut.