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Trump demands Powell cut rates as Iran conflict drives up energy prices

By Fox Business March 12, 2026 Neutral
Trump demands Powell cut rates as Iran conflict drives up energy prices
Trump pressures Fed Chair Jerome Powell to cut rates “immediately" ahead of the March 17 meeting, escalating tensions over the central bank's independence.
Trump pressures Fed Chair Jerome Powell to cut rates “immediately" ahead of the March 17 meeting, escalating tensions over the central bank's independence.