‼️ President Donald Trump, Vice President JD Vance and other senior administration officials are publicly urging the Federal Reserve to hold off on raising interest rates or to cut them, even as markets assign roughly a 60% probability to a 25-basis-point September hike after August’s payroll report showed 162,000 jobs added. Meanwhile, Fed Governor Christopher Warsh has warned that inflation remains above the Fed’s 2% target and is broadening across consumer categories, underscoring the tension between political pressure for easier policy and the central bank’s price-stability mandate.
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