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Summary of the FOMC Meeting. Part 3
But in all the assumptions and
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But in all the assumptions and conclusions made in the previous two reviews, there is one big "BUT." And that "BUT" is Donald Trump. Despite three consecutive rounds of interest rate cuts, the rate is still far from Trump's dream. Currently, the Federal Reserve's interest rate stands at 3.75%, while the occupant of the White House dreams of 2% or slightly higher. Or slightly lower... Therefore, we can also draw another highly probable conclusion: Trump will not back off from
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Chin Zhao,
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