Trump demands lower interest rates after Fed decision
Axios · north america
President Trump responded to the Federal Reserve raising interest rates for the first time in three years by saying they should be lowered — "AND FAST!"Why it matters: The rate hike immediately puts Trump at odds with the central bank under new Fed chair Kevin Warsh, whom he picked to lead it.By the numbers: The Fed raised its target interest rate by a quarter percentage point, to a range of 3.75%–4%.Fed projections show 12 of 18 officials expect one more rate hike this year, while four expect two more.What he's saying: "Interest Rates in the United States should be 1%, or less, because we are
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