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Economists say Trump's criticism of Jay Powell misrepresents Fed's role, influence

11/30/2018 - President Donald Trump leveled criticism against Federal Reserve Chairman Jerome "Jay" Powell in a Washington Post interview when asked this week about the recent streak of stock market losses and the prospect of a recession. Economists say this is, at best, a mischaracterization and, at worst, a deflection of the damage Trump’s own worst impulses have inflicted on the market.

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