The Fed Has ‘Put The Economy Into A More Dangerous Position,’ Banker Says
Minneapolis Federal Reserve President Neel Kashkari says two factors are holding the U.S. economy back right now: President Trump’s trade war and high interest rates. The current U.S. interest rate is a bit below 2 percent after the Fed lowered it slightly last week. “I’m concerned that we’ve needlessly raised interest rates over the past three years and put the…
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