News

Trump's call for interest rates to be slashed is 'totally unjustified': Strategist

Garry Evans of BCA Research explains why Trump's desire to slash interest rates is unlikely to come to fruition. He also ...

Dollar extends weakness as anticipation mounts of Fed interest rate cut

The dollar fell for a second straight session on Wednesday, a day after a U.S. inflation reading increased expectations of a ...

Why Investors Are Again Euphoric About Interest Rates

The S&P 500 is approaching a record on bets that Federal Reserve will lower borrowing costs despite uncertainty over President Trump’s trade war.

Trump threatens Fed chair Powell with 'major lawsuit,' demands interest rate cut

President Trump blasted Federal Reserve Chair Jerome Powell over the multibillion-dollar renovation of the central bank's ...

Trump threatens to sue ‘loser’ Jerome Powell — as SF Fed chief says interest rates finally may fall

Trump said that his next line of attack against “loser” Jerome Powell for refusing to lower interest rates could be a lawsuit over his $2.5 billion HQ renovation.

Federal Reserve holds key interest rate steady for fifth straight meeting despite Trump's pressure

The Fed left its benchmark interest rate unchanged following its July policy meeting amid uncertainty over the impact of ...

Donald Trump's interest rates wish comes closer to reality

Federal data shows that inflation held fairly steady in July, defying fears of a sharp tariff-driven spike in consumer prices and good news for President Donald Trump, who is pushing for the Federal ...