Trump says he will 'demand' interest rates drop, hinting at coming clash with Powell
Donald Trump hinted at a coming clash with Federal Reserve Chair Jerome Powell and other central bankers as he spoke virtually before the World Economic Forum, saying he would 'demand' lower interest rates.
Trump says he will ‘demand’ lower interest rates
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.
Trump pressures Federal Reserve to lower interest rates
President 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.
Trump targets Fed and calls for lower interest rates
U.S. President Donald Trump on Thursday said he would demand that interest rates drop immediately, and that other countries should follow suit - marking his first broadside at Federal Reserve monetary policymaking since taking office just three days ago.
Trump says he will "demand" interest rates come down, setting up clash with Fed
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.
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Trump says he will demand lower interest rates immediately
"With oil prices going down, I'll demand that interest rates drop immediately, and likewise they should be dropping all over the world," Trump told the World Economic Forum on Thursday in Davos, ...