NBC News September 16, 2026 • 01:00

Trump and the Federal Reserve are on a collision course over interest rates - NBC News

By Steve Kopack

Trump and the Federal Reserve are on a collision course over interest rates - NBC News

Wall Street expects the Fed to hike rates Wednesday. The president wants a rate cut.

President Donald Trump berated Jerome Powell for years as he sought to pressure Powell, then the Federal Reserve chairman, to cut interest rates. So far, he has given a pass to the new Fed chief, Kev… [+5268 chars]

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