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Analysis: Trump said he loves inflation. Why that should be music to Kevin Warsh's ears
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- Federal Reserve Chair Kevin Warsh may do exactly what his predecessor Jerome Powell had done about interest rates — only to get a completely different response from President Donald Trump.
- "I love the inflation," he said in the Oval Office hours after the Bureau of Labor Statistics revealed that annualized inflation jumped by 4.2%.
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A strange thing may happen in the coming days. Federal Reserve Chair Kevin Warsh may do exactly what his predecessor Jerome Powell had done about interest rates — only to get a completely different response from President Donald Trump.
Trump's unexpected comments Wednesday on the latest inflation figure may give Warsh some space on interest rates.
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