President Donald Trump on Friday called for Federal Reserve Chair Jerome Powell to cut interest rates, even as his tariff blitz roiled markets and raised fears of a rebound in inflation.
"This would… [+2424 chars]
President Donald Trump says Fed Chair Powell should cut interest rates and 'stop playing politics' - CNBC
Trump said in a social media post this would be the "perfect" time for the central bank to cut rates, but inflationary impact of tariffs could be an issue.
By:Jesse Pound
Source:CNBC
Published:
Related News
S&P 500 futures climb ahead of Fed decision, major tech earnings: Live updates - CNBC
The S&P 500 climbed to a new all-time high and closed at a record on Tuesday as traders eagerly awaited earnings from major tech companies.
CNBC•Pia Singh
Trump’s Embrace of Weaker Dollar Fuels Bets on New Downtrend - Bloomberg.com
President Donald Trump’s relaxed tone about the dollar selloff is fueling speculation the US currency is at the start of a longer-term decline.
Bloomberg•Ruth Carson, Greg Ritchie
Trump’s Embrace of Weaker Dollar Fuels Bets on New Downtrend - Yahoo Finance
The dollar suffered its deepest one-day drop since last year’s tariff rollout after Trump said on Tuesday he didn’t think the currency had weakened...
Yahoo Entertainment•Ruth Carson and Greg Ritchie