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Trump Says Warsh Should Have Voted Against Fed’s Rate Hike
Source: Bloomberg
Monetary PolicyInterest Rates & YieldsElections & Domestic Politics
President Donald Trump said Federal Reserve Chairman Kevin Warsh should have opposed the Federal Reserve's interest-rate increase last month, while adding that he did not blame Warsh for the central bank's decision. The comments underscore political pressure for a less restrictive monetary-policy stance and could raise concerns about Fed independence.
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