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Trump says Fed has done 'terrible' job on bank regulation, failed to stop inflation

ReutersJan 29, 2025 9:26 PM

- U.S. President Donald Trump on Wednesday said the Federal Reserve had "failed to stop the problem they created with inflation" and had done a "terrible job on bank regulation" in a post on Truth Social.

Earlier, the Fed held interest rates steady and gave little insight into when further reductions in borrowing costs may take place.

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