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Trump Says 'I Want Kevin To Be Totally Independent,' But Prediction Markets Don't Believe In Cuts - Exxon
Trump swore in Kevin Warsh as Fed chair and called him "totally independent." With inflation at 3.8%, Polymarket traders are betting on a hike, not a cut.
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nbcnews.com
Kevin Warsh sworn in as Fed chair, but Trump’s rate cuts look increasingly unlikely
Inflation is rising and there is a consensus forming among economists that interest rates should not come down in the near future.
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axios.com
Trump to Fed chair Warsh: "Don't look at me, don't look at anybody"
Warsh faces more political pressure to deliver lower rates than any other Federal Reserve chair in recent memory.
