President Donald Trump intensified his criticism of Federal Reserve Chair Jerome Powell for not cutting interest rates, especially after the European Central Bank reduced its main rate for the seventh time this year. The ECB cited “exceptional uncertainty” due to rising tariffs, while the Fed maintained a cautious stance.

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📊Key Facts:

• Trump’s Statement: Called for Powell’s ousting
• Market Reaction: Increased volatility and investor unease
• Treasury Yields: Remained elevated amid uncertainty ​CNN+1Investopedia+1 Reuters+1Wikipedia+1

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