Federal Reserve Governor Chris Waller is open to leading the central bank if President Trump requests. Waller advocates a rate cut, amid Trump's criticism of current Fed Chair Jerome Powell. The debate over interest rates highlights tensions about the Fed's independence under unprecedented presidential pressure.

US President Donald Trump today blamed US Federal Reserve officials as he reiterated his criticisms of Fed Chair Jerome Powell and again called for lower interest rates.

The U.S. dollar slipped against the euro on Friday but held on to weekly gains, as investors weighed expected Federal Reserve policy amid signs that tariffs may be starting to increase some inflation pressures and as U.

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