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International Business Times
International Business Times
Business
Merin Rebecca Thomas

Trump Reiterates Backing Of New Fed Chair Kevin Warsh But Still Pushes For Lower Interest Rates

Speaking during an interview on NBC News' "Meet the Press," Trump praised Warsh but made clear that he disagrees with the idea of raising rates following recent economic data. (Credit: Getty Images)

President Donald Trump said he wants Federal Reserve Chair Kevin Warsh to "do whatever he wants" but still reiterated his opposition to any potential increase in U.S. interest rates, arguing that borrowing costs should be lowered instead as the economy continues to add jobs and face higher energy prices.

Speaking during an interview on NBC News' "Meet the Press," Trump praised Warsh but made clear that he disagrees with the idea of raising rates following recent economic data.

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