• LARRY SUMMERS: Trump just took another step toward turning the US into a 'banana republic'

    2 monthes ago - By Business Insider

    President Donald Trump told CNBC that he's not happy with the Federal Reserve's interest rate hikes, challenging central-bank independence and sending the US dollar lower.
    Former Obama economic adviser Larry Summers says the comments are "one more step in what seems like a presidential strategy of turning the United States into a banana republic."
    It's almost surprising that it took this long, but President Donald Trump has finally done it. As critics worried, his general disdain for institutions was bound to reach the Federal Reserve at some point.
    And so it was on Thursday that Trump, in...
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  • Trump Blasts Powell's Rate Hikes, Trespassing on Fed's Independence

    Trump Blasts Powell's Rate Hikes, Trespassing on Fed's Independence

    2 monthes ago - By Bloomberg

    President Donald Trump criticized the Federal Reserve's interest-rate increases, breaking with more than two decades of White House tradition of avoiding comments on monetary policy out of respect for the independence of the U.S. central bank.
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  • Trump slams rate increases by independent Federal Reserve

    2 monthes ago - By My Sanantonio

    WASHINGTON - President Donald Trump is casting aside concerns about the Federal Reserve's independence and saying he's "not happy" with the central bank's interest rate increases.
    Trump tells CNBC: "I don't like all of this work that we're putting into the economy and then I see rates going up."
    The Fed last month raised its policy rate for a second time this year and projected two more increases in 2018.
    Trump acknowledges his comments are likely to concern many people, given that the Fed is an independent regulator which asserts its separation from political pressure and the White...
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  • Casting aside concerns about Federal Reserve's independence, Trump says he's ‘not happy' with interest rate increases

    2 monthes ago - By The Seattle Times

    WASHINGTON - Casting aside concerns about Federal Reserve's independence, Trump says he's ‘not happy' with interest rate increases.
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  • Trump slams rate increases by independent Federal Reserve

    Trump slams rate increases by independent Federal Reserve

    2 monthes ago - By The Seattle Times

    WASHINGTON - President Donald Trump is casting aside concerns about the Federal Reserve's independence and saying he's “not happy” with the central bank's interest rate increases. Trump tells CNBC: “I don't like all of this work that we're putting into the economy and then I see rates going up.” The Fed last month raised...
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  • Trump slams rate increases by independent Federal Reserve

    2 monthes ago - By Miami Herald

    President Donald Trump is casting aside concerns about the Federal Reserve's independence and saying he's "not happy" with the central bank's interest rate increases. Trump tells CNBC: "I don't like...
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