Trump wants interest rates at 1%. The Fed has pushed them close to 4%. That is the debate. On Wednesday, September 16, the US Federal Reserve raised interest rates by 25 basis points, bringing them to a range of 3.75%–4%. The Federal Open Market Committee (FOMC), which is responsible for monetary policy, unanimously approved the…...
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Trump, the Fed, Interest Rates and Us: Why the Central Bank Must Be Independent
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