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Trump Says Federal Reserve Rate Hikes Are His 'Biggest Threat'
President Donald Trump called the Federal Reserve his “biggest threat,” again criticizing the central bank for endangering economic growth through interest-rate hikes. “The Fed is raising rates too fast,” Trump said Tuesday in an interview with “Trish Regan Primetime” on Fox Business Network. Fed Chairman Jerome Powell was nominated by Trump and approved by a Republican-controlled Senate earlier this year. In the interview, Trump said the central bank is “independent so I don’t speak to them, but I’m not happy with what he’s doing because it’s going too fast.” Trump has repeatedly criticized ... (full story)
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