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President Donald Trump has dramatically intensified pressure on the Federal Reserve, calling for a Trump Fed rate cut while threatening to stop trading with countries where the United States runs a trade deficit. The unusual warning comes just as new U.S. employment data showed the labor market was stronger than expected, potentially giving the Fed another reason to remain cautious about lowering borrowing costs. 

Trump’s latest comments connect two areas of economic policy that are normally kept separate: monetary policy and international trade. The

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