Fed Keeps Rates Flat, Upgrades Economy to 'Strong'

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The decision to keep rates steady comes weeks after U.S. President Donald Trump expressed his disdain for rising rates, telling CNBC in an interview that he was “not happy about it.” Trump’s comments could have been a political sleight of hand in helping to effectuate steady rates via the bully pulpit.

“I’m not thrilled,” said Trump. “Because we go up and every time you go up they want to raise rates again. I don’t really — I am not happy about it. But at the same time I’m letting them do what they feel is best.”
“But I don’t like all of this work that goes into doing what we’re doing.”

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