Source: International Business Times
"We need low interest rates. Low interest rates will solve everything, will solve that now," Trump said Wednesday during an Oval Office event. Getty Images With inflation well above the Federal Reserve's target, largely as a result of the spike in oil prices due to the war in Iran, President Donald Trump's administration has eased its public pressure on newly installed Fed Chair Kevin Warsh, signaling greater patience after the central bank held interest rates steady.
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