← The Fed Raises Rates for the First Time Since 2023 as Trump's Own Chair Says "The Plain Fact Is That Inflation Is Too High and Has Been for Too Long" — Trump Answers That Rates "Should Be 1%, or Less," Calls the Board "a Bunch of Politicians," and Says He Told Kevin Warsh "You Might as Well Vote With the Board," While Elizabeth Warren Calls Warsh Trump's "Sock Puppet"
“Donald Trump is driving up costs so much that even his sock puppet at the Fed might raise interest rates. If Trump ended his war in Iran and reversed his chaotic tariffs, inflation wouldn't be as high as it is today, and the Fed might actually be talking about bringing down rates. I want to see lower interest rates for families. I want to see them pay less for their mortgage or their credit card bills. But Donald Trump is standing in the way.
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