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Fed Divisions Underscore Challenge for Trump’s Next Chair

President Trump wants substantially lower borrowing costs, but officials at the central bank appear ready to resist delivering further cuts if the economic backdrop does not warrant it.

Colby Smith
Author: Colby Smith

Written by

Colby Smith

in

Appointments and Executive Changes, Federal Open Market Committee, Federal Reserve System, Hassett, Kevin A, Interest Rates, Powell, Jerome H, Trump, Donald J, United States Economy, United States Politics and Government
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