IRS, Trump
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Fed, Trump and bond market
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President Donald Trump indicated he’s comfortable with the dollar’s recent decline, helping send the currency to its lowest level since early 2022.
18hon MSN
US stocks dip and gold swings as markets react to Trump's choice to lead the Federal Reserve
Prices are swinging across financial markets on Friday as investors try to figure out what President Donald Trump’s new nominee to lead the Federal Reserve will mean for them. The initial reactions have been uneasy and sometimes quick to change because of the uncertainty.
The Federal Reserve pushed the pause button on its interest rate cuts Wednesday, leaving its key rate unchanged at about 3.6% after lowering it three times last year. With the
To some in financial markets it’s known as the debasement trade. To others it’s selling, hedging or even “quiet quitting” America.
President Donald Trump on Thursday claimed the U.S. should be paying the lowest interest rates in the world after the Federal Reserve voted to pause cuts, as the central bank and Fed Chair Jerome Powell have resisted pressure from the Trump administration in recent weeks.