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Can Trump Alone Actually Control Inflation? | WSJ

Can Trump Alone Actually Control Inflation? | WSJ

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President-elect Donald Trump vowed on the campaign trail to lower inflation. About half of Trump voters said higher prices were the largest factor in their decision, according to AP VoteCast. But the Federal Reserve is independent and uses interest rates to encourage or discourage borrowing money, which leads to more or less spending. So how much control does the president actually have over inflation?

Credit The Wall Street Journal

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