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On Wednesday, Donald Trump finally got his rate cut. After months spent leaning on Federal Reserve Chairman Jerome Powell in all manner of ways—among them giving Powell a derogatory nickname, accusing him of overseeing a wasteful renovation and attempting to fire a Fed governor—the US central bank announced it would cut the benchmark interest rate by a quarter of a percentage point. That was far less than Trump had suggested, though the only dissenting vote was from Stephen Miran, a Trump economic adviser he recently appointed to the bank’s board of governors (and who is keeping his White House job, too).