Central bankers are gathering in Jackson Hole, Wyoming this week to defend Jerome Powell against relentless attacks from President Donald Trump. Powell has been under intense pressure from the White House to cut rates, and Trump is already looking for his replacement. Bloomberg’s Michael McKee reports.
https://www.bloomberg.com/news/articles/2025-08-20/jefferies-zervos-says-fed-not-independent-powell-left-leaning
Author: Bloomberg Television
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News post in August 21, 2025, 12:06 am.
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