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Trump Faults ‘Hostile' Fed Board for Interest-Rate Hike
Source: youtube.com
Monetary PolicyInterest Rates & YieldsElections & Domestic PoliticsManagement & Governance
President Donald Trump criticized the Federal Reserve as “hostile” after its board unanimously rejected his calls to lower borrowing costs. Trump nevertheless said he retains confidence in Fed Chairman Kevin Warsh, highlighting political pressure on the central bank while signaling no immediate leadership rupture. The unanimous Fed stance supports a continued higher-rate policy posture and raises concerns over central-bank independence.
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