Trump says he will "demand" interest rates come down, setting
10 hours ago · President Trump said in a virtual address at the World Economic Forum on Thursday that he will mandate the Federal Reserve lower interest rates imminently, a threat that undermines the Federal Reserve's political independence.. Why it matters: In his first major speech since the inauguration, Trump re-upped pressure on the central bank — a frequent feature of his first term, though it had ...
Trump tells Davos he’ll demand that interest rates drop. It’s a fresh ...
9 hours ago · U.S. President Donald Trump on Thursday put pressure on the Federal Reserve’s efforts to fight inflation through elevated interest rates, with his remarks coming during his address to the World ...
Trump delivers an ultimatum: Make products in America, or else!
7 hours ago · Trump’s massive borrowing promises are a huge factor behind mortgage rates reversing their decline and rising above 7% even as the Federal Reserve has been cutting its benchmark interest rates ...
President Donald Trump says he'll 'demand that interest rates …
11 hours ago · The comments represented an initial strike at Fed officials, with whom Trump had a highly contentious relationship during his first term in office.
Trump pressures Federal Reserve to lower interest rates
9 hours ago · President Donald Trump said he would press the Federal Reserve to lower interest rates “immediately,” rekindling a fight over the historically independent U.S. central bank.
Trump at Davos: 'Will demand interest rates drop immediately'
6 hours ago · President Donald Trump said Thursday he will “demand that interest rates drop immediately,” but did not mention the Federal Reserve by name. Trump told the World Economic Forum in Davos ...
Bank of America CEO: The Federal Reserve may have to respond …
2 days ago · 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.
In quotes: How leaders at Davos 2025 view Trump's comeback
1 day ago · Kenneth Rogoff, the Maurits C. Boas Chair of International Economics at Harvard University, also recounted Trump’s first term in office to explain how the US Federal Reserve will likely respond. "When Trump raised tariffs on a much narrower scale in 2018, the Fed had just started raising interest rates…and they were worried about a recession.
Trump at Davos says he’ll demand that interest rates drop. It
Trump often has jabbed at Federal Reserve Chair Jerome Powell and other central bank officials, including during his first presidential term and during the 2024 White House race.
Talk in Davos of 'high for longer' as CEOs wrestle with rates
Jan 19, 2024 · The U.S. Federal Reserve is gauging whether inflation is sustainably back at its 2% target in order to lower interest rates, after 525 basis points of hikes since March 2022.
- Some results have been removed