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Pressure on the Fed Meets Economic Softness
Posted
August 16, 2025
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August 16, 2025
10,968
189
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2.00%
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10:36Now PlayingAs economic data shows evidence of softening, President Donald Trump ratchets up the pressure on the Fed, calling for rate cuts and nominating Stephen Miran to the Federal Reserve Board of Governors. Former US Treasury Secretary Lawrence H. Summers cautions that economic data could move in either direction, making a rate cut premature.
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