The White House and the Fed are taking opposite positions on interest rates.
The Fed raised rates to 3.75%-4.00% in September, with every voting member backing the move.
🖱️ Fed: Most officials expect another hike by year-end. PCE inflation was 3.8% in August.
🖱️ Trump: “We should have the lowest interest rate in the world.”
🖱️ Trump: “You have a board that would like to see the country do badly.”
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The White House and the Fed are taking opposite positions on interest rates.
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