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[U.S. Commerce Secretary Criticizes Powell for Maintaining High Interest Rates, Predicts 6% Economic Growth During Trump Administration] U.S. Commerce Secretary Howard Lutnick criticized Federal Reserve Chairman Jerome Powell for keeping interest rates too high during an interview with CNBC. Lutnick stated that interest rates should be lower and accused Powell of being overly cautious in leading the $30 trillion economy, while the U.S. GDP has already grown by 4%. Lutnick predicted that the economic growth rate during President Trump's administration would reach 6% and pointed out that lowering interest rates and energy consumption could drive economic growth.

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