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Donald Trump criticized the Federal Reserve's continued interest rate hikes as "very bad" but defended Warsh.
U.S. President Donald Trump explicitly stated in a media interview on Thursday that the Federal Reserve's continuous interest rate hikes are "very bad." Although he defended Federal Reserve Chairman Warsh, he attributed the rising borrowing costs to Federal Reserve officials appointed by the previous administration and reiterated that the U.S. should have the lowest interest rates globally.
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