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Trump Blasts Fed After Rates Stay the Same
Published 3 months ago
Description
President Donald Trump sharply criticized the Federal Reserve after officials decided to keep interest rates unchanged. Federal Reserve Chairman Jerome Powell said the central bank remains focused on bringing inflation down to 2% while protecting employment. Trump accused Powell of keeping rates too high in a lengthy Truth Social post, as the decision comes amid rising geopolitical tensions in the Middle East and increasing oil prices.
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