President Trump told attendees at Davos that he’ll demand interest rates drop “immediately” and he’ll ask Saudi Arabia and OPEC to cut the price of oil.
US president addresses WEF Links high inflation to oil price Trump ‘surprised’ prices still high Oil prices were down on Friday after US President Donald Trump drew a direct link between persistently high inflation and global oil prices during video remarks before the World Economic Forum in Davos,
The president says he wants Opec and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine war.
GIFT Nifty futures signal a gap-down start as markets brace for volatility. Weak global cues, FPI selling, and crucial support levels will shape today's trading sentiment.
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.
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.
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
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
The Federal Reserve’s first meeting of 2025 this week may throw a wrench into the stock-market rally just as investors worry President Donald Trump’s potentially inflationary policies could complicate
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.
Jerome H. Powell has been a member of the Board of Governors of the Federal Reserve System (FRB) since May 25, 2012, appointed by then-President Barack Obama to fill an unexpired term. He was reappointed by Obama and sworn in on June 16, 2014, for a term that expires on Jan. 31, 2028.
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.