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Trump Pushes Fed for Rate Cut | US News
Trump’s pushing the Fed to slash rates, claiming the U.S. should have the world’s lowest — but a surprisingly strong August jobs report may backfire, with traders now betting on a rate hike instead. The Fed faces a tightrope walk between booming employment and stubborn inflation. Trump’s escalating pressure includes tying interest rates to trade policy, threatening to halt deals with surplus countries unless borrowing costs drop — all while demanding the Fed “be patriots.” Meanwhile, revised data shows restaurants and bars fueled the job surge, while tech lost ground — and the Fed’s next move…
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