Dollar falls after Donald Trump hints at softer stance on China tariffs

Financial Times

Financial Times

Summary

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The Federal Reserve is expected to hold interest rates steady at the end of its two-day meeting next week, despite President Donald Trump's comments on Thursday that he'll "demand that interest rates drop immediately."
CNBC
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The challenge for Fed Chair Jerome Powell and his colleagues will be in determining how much to allow uncertainty over what's ahead to influence decisions on monetary policy now, and how much guidance to give about the Fed's outlook.
The Gazette
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As U.S. president, Trump does not have a say over interest rate decisions, a fact that he has frequently criticized.
The Korea Times
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But the details of the president's message about interest rates, inflation, and oil prices are worth parsing.
Axios

■ Story #2316 ▪

issue 88:88 ▪

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updated 88:88

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