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Stock impact report

Trump wants lower interest rates to ‘counteract' the inflation from his own tariff policies [Yahoo! Finance]

Morgan Stanley (MS) 
Last morgan stanley earnings: 4/16 07:15 am Check Earnings Report
US:NYSE Investor Relations: morganstanley.com/about-us-ir
Company Research Source: Yahoo! Finance
However, widespread uncertainty is only making it harder for the Fed to put an end to its current holding pattern on rate cuts. President Donald Trump and Federal Reserve Chair Jerome Powell are at odds. On Thursday Trump again called on the Fed , and Powell specifically, to lower interest rates. Just a day earlier Powell had reiterated the Fed's view that the relative strength of the economy meant it didn't have to rush to make a decision. “For the time being, we are well positioned to wait for greater clarity before considering any adjustments to our policy stance,” Powell said on Wednesday. Powell's cautious approach incensed the president. In a social media post early Thursday morning, Trump called Powell's assessment a “mess” and accused him of being “TOO LATE AND WRONG.” Trump wants lower interest rates to mitigate the inevitable economic slowdown, as his tariff policies drive up consumer costs and stall global trade. Powell, meanwhile, doesn't want to cut rates too so Show less Read more
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