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The Nexus
BUSINESSMay 20 · 16:04 UTCAXIOSNeil Irwin

Trump gives blasé response to rate hike possibility

President Trump seems unconcerned about the possibility of interest rate hikes under incoming Federal Reserve chair Kevin Warsh. Trump has previously criticized outgoing chair Jerome Powell for not cutting rates enough. The market now expects a rate hike this year to be more likely than a cut.

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