Fed Chief Wedged Between a Slowing Economy and an Angry President

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Fed Chief Wedged Between a Slowing Economy and an Angry President
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President Trump says the economy is slowing because of the Federal Reserve chief. Some analysts point to Mr. Trump's own trade policies.

Jerome Powell is entering the most perilous stage yet of his tenure as Federal Reserve chairman, fighting to keep the U.S. from recession while taking the blame from President Trump for skittish markets and a slowing economy.

Mr. Trump’s unyielding criticism of the Fed has led people inside the central bank to feel like they are fighting to both buoy the U.S. economy and preserve the Fed’s independence from political interference.

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