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Waller said he would consider leaving interest rates unchanged at the Fed's September meeting if the next inflation report shows progress toward the Fed's 2% target.
Trump had a 44% approval rating in the latest poll released Wednesday.
Warsh wants change, but inflation still dictates Fed policy.
Gary Shilling says he sees a 60% to 70% chance of a US recession in the next year, pointing to red flags waving among American consumers.
