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Rising Deficits and War Unravel Trump's Rate Strategy

Original: Rising Deficits and War Unravel Trump’s Strategy to Lower Interest Rates and Inflation

The Wall Street Journal reports that President Trump's effort to push down interest rates and inflation is being undone by widening federal deficits and renewed war, which typically push borrowing costs and prices upward rather than down. The analysis suggests his economic strategy of pressuring the Federal Reserve for cheaper money is being undermined by his own fiscal and foreign policy choices, drawing attention to tensions within the administration's economic agenda.

Why now: Fresh analysis linking Trump's economic goals to conflicting effects of his own deficits and military policy

Donald TrumpFederal ReserveWall Street JournalUnited States

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