Trump demands lower interest rates after Fed decision
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What happened
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 project…
Summary assembled by rule from the sources below