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Pressure on Fed Can't Be Ignored, Says Hoenig
Posted
August 25, 2025
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August 25, 2025
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6:00Now PlayingFormer Kansas City Fed President Thomas Hoenig says Fed Chair Jerome Powell has opened the door to cutting rates in September following the symposium in Jackson Hole. Hoenig says tremendous political pressure on the Fed can't be ignored and he is worried about the independence of the central bank. He speaks on "Bloomberg Surveillance."
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