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US central bank chair hints rates may rise despite president’s push for lower borrowing costs

  • US central bank chair hinted at possible rate increases in Jackson Hole remarks.
  • The US president desires reduced borrowing costs in the United States.
  • The potential rate increase conflicts with the president’s stated borrowing-cost preference.

The US central bank chair hinted at Jackson Hole that interest rates may rise, opposing the lower borrowing costs desired by the US president.

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