Fed, Trump and interest rates
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That’s when the Federal Reserve Board meets to consider interest rates, a gathering that the White House has been – to put it mildly – strongly trying to influence. 💵💰Don't miss the move: Subscribe to TheStreet's free daily newsletter💰💵 The Trump Administration wants the Fed to slash rates immediately by almost half after May inflation and job rates basically held steady despite fidgety action earlier this year.
President Donald Trump reiterated Thursday he did not plan to fire Federal Reserve Chair Jerome Powell, days after saying he would “soon” pick his nominee to lead the central bank next.
President Donald Trump on Friday pressed Federal Reserve Chair Jerome Powell for a full-point interest-rate cut, saying the central bank’s monetary policy was a “disaster.”
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Inquirer Business on MSNPhilippine mines set for gains amid uncertainty from Trump’s tariffsThe local mining sector is poised to gain from the uncertainty surrounding America’s sweeping tariffs. This, although the industry is on its toes for potential risks caused by global economic slowdowns and trade tensions.