Trump reportedly calls rate increase politically motivated
A September 16 post quotes Trump saying he spoke directly with Kevin Warsh about the rate decision and accusing officials of raising rates “only for political reasons.”
TLDR
A September 16 post quotes Trump saying he told Kevin Warsh, “you might as well vote for the board, it's not going to matter,” and alleging that rates were being raised “only for political reasons.” Separately, a commenter argues that if the 10-year yield keeps rising, financial conditions can tighten even without another Fed hike.
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