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Watch: Trump jokes he wants Powell to lower interest rates in awkward exchange

US President Donald Trump and Federal Reserve Chair Jerome Powell exchanged frosty words during their public tour of the Federal Reserve’s $2.5 billion renovation project. The pair disagreed in front of cameras about the project’s timeline and cost.

It was their first public meeting since Trump began a broadside against Powell and the Federal Reserve for refusing to lower interest rates.

Trump’s visit marked the first visit of a sitting president to the Fed since former president George W Bush attended the swearing-in of Ben Bernanke as chairman in 2006.

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