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President Trump addresses Federal Reserve rate hike amid inflation concerns

Americas 1 source 1 country 27m ago

President Donald Trump criticized the Federal Reserve’s first interest rate hike in three years, saying rates are already too high. Trump also revealed he spoke with Fed Chair Kevin Warsh before the vote, while Warsh said persistent inflation and higher energy prices remain concerns. President Donald Trump commented on the Federal Reserve's decision to raise interest rates, saying he thinks that rates are too high, as inflation continues to impact the economy.

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