Trump’s interest-rate crusade will be self-defeating
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Finance & economics | Free exchange
The president’s threats loomed over this year’s Jackson Hole conference
Photograph: Getty Images
Aug 25th 2025|5 min read
Editor’s note: On August 25th Donald Trump said that he had sacked Lisa Cook from the Federal Reserve’s board, alleging “deceitful and possibly criminal conduct in a financial matter”. Ms Cook said that the president had no authority to fire her and that she would not resign.
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