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Fed signals rate hike to combat inflation, Warsh faces first independence test
La TribuneLO·US·about 4 hours ago
President Trump publicly pressures the Federal Reserve to cut interest rates to the lowest in the world, arguing current levels benefit other countries at US expense. This is a continuation of his pattern of attacking Fed independence, but the explicit call for global-lowest rates marks an escalation in rhetoric. The Fed is unlikely to comply, but the pressure adds political noise around monetary policy.
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