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The Federal Reserve should resist pressure from Trump and defend its independence, experts say
Federal Reserve decides not to change interest rates despite pressure from Trump
Fed hits pause on interest rate cuts amid Trump’s flurry of economic plans
Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.
The Fed held interest rates steady as it continues to combat inflation. President Trump wants to see lower rates, but some of his policies could fuel more price hikes.
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.
Following a widely-held hold prediction, the FOMC dropped more hints on its inflation concerns while apparently maintaining distance from President Donald Trump.
Global financial leaders discuss cryptocurrency adoption and stablecoin growth at World Economic Forum, as digital assets gain mainstream acceptance
The Washington Post on MSN6d
Trump pressures Federal Reserve to lower interest ratesPresident Donald Trump on Thursday said he would press the Federal Reserve to lower interest rates “immediately,” rekindling a fight over the historically independent U.S. central bank.
At the World Economic Forum in Davos, industry leaders debated Bitcoin’s role as a reserve asset, the memecoin frenzy and crypto’s future amid Trump’s return to the Oval Office.
US Federal Reserve policymakers meeting next week are expected to keep interest rates on hold but the larger story unfolding will be how the central
President Donald Trump threatened business leaders with higher tariffs, vowed to “demand” decreased oil prices from Opec and called for lower interest rates from central banks in a boast-filled address to the World Economic Forum in Davos, Switzerland.
DAVOS, SWITZERLAND — The Federal Reserve now needs to be on Trump watch if it wants to engineer the proper dose of monetary policy, according to Bank of America chief Brian Moynihan.
The Fed kept rates steady at 4.25%-4.50%, signalling caution amid strong US growth and elevated inflation. Meanwhile, the ECB faces pressure to cut rates further as the eurozone economy weakens. The euro fell to 1.
"We do not need to be in a hurry to adjust our policy stance," Fed Chair Jerome Powell said Wednesday, as Bitcoin bounced around.
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