Trump slams rate increases by independent Federal Reserve

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WASHINGTON (AP) ” President Donald Trump on Thursday cast aside concerns about the Federal Reserve’s independence, saying he was “not happy” with the Fed’s recent interest rate increases.Trump told CNBC in an interview: “I don’t like all of this work that we’re putting into the economy and then I see rates going up.”Last month, the Fed raised its benchmark rate for a second time this year and projected two more increases in 2018. Its rate hikes are meant to prevent the economy […]

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