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While tariffs, high interest rates, stubborn inflation and federal government cuts have yet to sink the labor market into turmoil, signs of underlying weakness are growing.
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Trump Urges Fed Board to ‘Assume Control' If Rates Are Not Cut BloombergFed keeps interest rates unchanged for fifth-straight time CNNFed holds interest rates steady despite Trump pressure BBCTrump lashes out at Powell over rate decision with stream of insults AxiosTrump says Powell is a 'moron' and calls for the board to 'assume control' of the Fed, soon after it kept rates steady again Business Insider
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The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from members of the powerful Board of Governors since 1993.
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