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Trump: Fed Aims to Slow Economy
U.S. President Donald Trump stated that the Federal Reserve aims to weaken the economy and wants to show poor economic performance, calling for a cut in interest rates. Meanwhile, the Treasury Secretary explained that high inflation is due to a shock in the energy sector, which is expected to ease as the conflict in Iran ends and energy markets improve, leading to lower mortgage rates and a decline in 10-year U.S. Treasury bond yields.
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