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Trump takes aim at US Fed as import drop lifts economy

20d ago
Business
BBC Business
Corporate environment
President Trump has criticized the US Federal Reserve following the release of economic data showing a drop in imports. He used this data as leverage to pressure the central bank ahead of its upcoming decision on interest rates. The President's remarks highlight the ongoing tension between the executive branch and the independent Fed, particularly concerning monetary policy and its impact on economic growth. This latest criticism comes as the Fed weighs potential adjustments to interest rates in response to evolving economic conditions.
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