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Dan Celia for Newsmax: The Federal Reserve: Just Another Cog in a Political Machine

By Dan Celia for Newsmax

This week Norway’s central banks laid out their plan to begin raising rates as early as September. This is a natural step for a country that is focused on keeping their currency strong. I have always respected Jerome Powell for having that same objective for the U.S. I have felt confident in his commitment to a strong dollar as Fed Chairman. However, the message from the Federal Reserve this week has me scratching my head.

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