Trump, lower rates
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Trump indicated that Powell’s handling of an extensive renovation project on two Fed buildings could be grounds to fire him.
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Raw Story on MSNTrump's latest economic brag was fact-checked before he even posted itPresident Donald Trump took to Truth Social Tuesday to claim that prices were down and the economy was doing great — but the comment came after the numbers were released proving otherwise. "Consumer Prices LOW.
Global stocks advanced on Thursday, underpinned by optimism around artificial intelligence and the prospect of upcoming interest rate cuts, while investors kept a cautious eye on U.S. President Donald Trump's tariff actions and their impact on global trade.
President Trump urges the Federal Reserve to set a low benchmark interest rate, aiming to ease government borrowing costs. While this could facilitate administration spending, experts warn it may signal economic distress rather than strength,
BTC jumped within 30 minutes of Trump’s rate-cut post as analysts weighed inflation risks and the impact of a potential 300 bp cut on asset prices.