Rate cut war: Donald Trump narrows choice for next US Fed chair to ‘three or four people’; calls Jerome Powell ‘terrible’

President Trump has intensified speculation about Federal Reserve leadership, calling Chair Jerome Powell "terrible" and indicating he's considering replacements. He mentioned a shortlist of three or four candidates, including Kevin Warsh and Christopher Waller. Trump's repeated criticism of Powell's interest rate policies suggests a desire for greater influence over the central bank, despite warnings about potential inflation from tariffs.

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