Comment on Fed plans to keep hiking interest rates despite Trump blowback

Fed plans to keep hiking interest rates despite Trump blowback

Despite fierce blowback from President Trump, the Federal Reserve’s policymakers unanimously agree they should keep hiking interest rates to cap inflation. That’s according to the minutes of the latest Fed meeting, in which every policymaker backed a move to raise interest rates in September. The display of solidarity raises the prospect of a fourth rate-hike...

 

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