Ex-Fed chair contender: Warsh has a huge problem

The Fed can't do it all on the inflation front.

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Trump lashes out at Fed, Warsh after hike: Interest rates 'should be 1%'

President Trump has slammed the Federal Reserve and Chairman Kevin Warsh's unanimous decision to raise interest rates, the US leader stating that rates "should be 1%, or less." Yahoo Finance Washington Correspondent Ben Werschkul outlines Trump's reaction to the rate hike and what it shows about his close relationship to Warsh.

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