Global markets watch as Trump challenges Fed independence and pressures rates
Sep 17, 2025 #DonaldTrump #FederalReserve #JeromePowell
The eyes of the global financial markets are on the US Federal Reserve.
It's expe
Sep 17, 2025 #DonaldTrump #FederalReserve #JeromePowell
The eyes of the global financial markets are on the US Federal Reserve.
It's expected to be cut later on Wednesday, around a quarter-point.
But US President Donald Trump has called repeatedly for much steeper rate cuts.
And this decision could lead Trump to try and take control of the Fed.
Al Jazeera's Patty Culhane reports from Washington, DC.
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