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Trump threatens to cut trade with some countries if Fed doesn’t lower rates

President Donald Trump intensified pressure on the Federal Reserve to lower interest rates, threatening to cut off trade with certain economies with which the US has a deficit if the central bank does not act. Trump issued his demands on Friday in a lengthy social media post after a stronger-than-expected August jobs report, which could bolster the case for Fed officials to raise rates at their next policy meeting starting September 15. In his post, the president exhorted his hand-picked Fed...
Trump threatens to cut trade with some countries if Fed doesn’t lower rates
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South China Morning Post

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