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Trump Targets Fed’s Powell Over Housing Woes, Cites High Interest Rates

Mohamed Abdelhamid Daily Economic Reports, Economic Report, Forex Market, Market Update

On Tuesday, July 22, 2025, US President Donald Trump intensified his criticism of Federal Reserve Chair Jerome Powell during a meeting with Philippines President Bongbong Marcos, blaming high interest rates for housing market struggles. This latest outburst follows weeks of the White House openly challenging the Fed’s political independence, as …

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