00:00President Trump is continuing to push for interest rates of 1% or lower even as the
00:04Federal Reserve moves in the opposite direction. Trump said he still has confidence in Fed Chair
00:10Kevin Warsh, despite publicly pressing for a much more aggressive reduction in borrowing costs.
00:15The president has repeatedly criticized the Fed over the level of interest rates,
00:19putting renewed attention on the central bank's independence. Warsh and other policymakers now
00:24face competing pressure from inflation data, economic conditions, and the White House.
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