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NOTHING IS PERMANENT EXCEPT CHANGE

President Donald Trump said he hoped the Federal Reserve would stop raising interest rates, an unusual White House censure of the central bank that departed from a convention in which presidents have refrained from speaking specifically on monetary policy.

“I am not happy about it,” Mr. Trump said about interest-rate increases, in an interview Thursday with CNBC.

 

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SUSAN SHIRK is Chair of the 21st Century China Center at the University of California, San Diego. Follow her on Twitter @SusanShirk1 [1].

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