Gradual rate hikes will not choke growth

Alan Blinder, who served as Federal Reserve vice chairman during the Clinton administration, on Wednesday criticized President Donald Trump’s latest prodding of the central bank not to increase interest rates anymore.

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 President Donald Trump welcomes Chinese President Xi Jinping at Mar-a-Lago state in Palm Beach, Florida, U.S., April 6, 2017. A woman shops at a Walmart in Westbury, New York, November 15, 2018.