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Bully, Berate, Manipulate: 3 Ways Trump is Attempting to Steer the Fed to Lower Interest Rates

August 9, 2019

Via: Fortune

See that guy grimacing behind Jerome Powell? That picture was taken back when Trump nominated him to run the Federal Reserve. And that was the high point of their relationship.

Trump upped the ire Thursday in a tweet storm railing against the Fed. Among other things, Trump wrote, “The Fed’s high interest rate level, in comparison to other countries, is keeping the dollar high, making it more difficult for our great manufacturers like Caterpillar, Boeing, John Deere, our car companies, & others, to compete on a level playing field.”

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