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-0.00072621641249095 -0.0014524328249819 -0.000544662309368212 0.00181554103122737 0.00127087872185916 -0.00786734446865173 -0.00810941660614865 -0.00931977729363345
Stock impact report

Trump says he'd be disappointed if Fed nominee Warsh doesn't cut rates immediately [Yahoo! Finance]

Wells Fargo & Company (WFC) 
Last wells fargo & company earnings: 4/14 07:46 am Check Earnings Report
US:NYSE Investor Relations: wellsfargo.com/about/investor-relations
Company Research Source: Yahoo! Finance
Trump in an interview to CNBC also said officials need to "find out" about construction costs for the new Federal Reserve building. Current Fed chair Jerome Powell is under criminal investigation over testimony he gave to a Senate committee regarding renovations to Federal Reserve buildings. Powell at the time had called the probe "unprecedented" and said he believed it was opened due to Trump's anger over the Fed's refusal to cut interest rates despite repeated public pressure from the president. Trump has been pressuring Powell to cut rates, but the central bank has not reduced rates in 2026. The Iran conflict has made it tricky for the central bank to cut rates as inflation concerns have increased due to rising crude oil prices. Several Fed policymakers have indicated that a temporary increase in headline inflation would not warrant adjustments to short-term interest rates. However, the officials have noted that a prolonged conflict and sustained elevated prices that could imp Show less Read more
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