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Trump Tries to Shape the Fed to His Dovish Will

This is what it sounds like when doves arrive.

In a generally quiet week for Fed-watching, President Donald Trump made some noise. No, he didn’t thump the tub for lower rates again, but in a series of tweets Tuesday he said he is planning to nominate two new people to fill two Federal Reserve Board vacancies. Both are considered interest rate doves, that is, favoring lower rates.

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