President Donald Trump on Thursday said he will call for a lowering of U.S. interest rates, exerting pressure on the Federal Reserve despite a longstanding norm of political independence at the central bank.
The Federal Reserve has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System, a global coalition of central banks engaged in the study of climate risk that was launched in 2017.
US President Donald Trump used a virtual speech at the World Economic Forum to criticize the Federal Reserve and OPEC, sparking a ripple effect through global markets. Trump demanded the Federal Reserve lower interest rates,
The major U.S. index futures are currently pointing to a roughly flat open on Friday, with stocks likely to show a lack of direction
Asian markets rose Friday after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen strengthened after a widely expected interest rate hike by
EUR/USD remains under pressure near 1.0300 in the European trading hours on Wednesday. The pair is undermined by a broadly steady US Dollar and a tepid risk sentiment ahead of the US CPI inflation data release. Dovish ECB commentary also remain a weight on the pair.
In President Trump’s first week in office, he issued a blitz of executive orders, but perhaps his most ambitious statement to date is his claim yesterday that he would order the Federal Reserve to cut interest rates.
Markets rose Friday after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen strengthened after a widely expected interest rate hike by the
In an address to the World Economic Forum in Switzerland, delivered via video link Thursday, President Donald Trump revisited his displeasure with the policy direction of the U.S. Federal Reserve that surfaced during his first term in spite of having appointed the leader of the monetary body.
We always had private money, We only stopped having it when the government got overbearing, like in 1907. Bitcoin points back to the old, better way.
Bond futures markets aren’t pricing a significant chance of a first cut happening until at least June, according to the CME FedWatch Tool, but it could come earlier. Morningstar chief US economist Preston Caldwell expects the Fed to skip a rate cut at its January meeting, then cut at every other meeting beginning in March.