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Markets plummet as Trump rips Powell

  • President Donald Trump attacked Federal Reserve Chair Jerome Powell again on Monday.
  • Trump demanded the central bank lower its key interest rate.
  • White House advisers are studying whether they can fire Chairman Powell.
  • The stock market fell Monday, with the Dow dropping over 1,000 points.
  • This action sent markets lower and raised concerns about the Fed's independence.
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Mediaite broke the news in United States on Monday, April 21, 2025.
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