Trump Is On A Collision Course With The Fed. What Happens Next?
Despite its claims of neutrality, the Fed’s independence serves more as a shield against accountability than a safeguard of economic stability. Can bitcoin fix it?
Trump says he will ‘demand’ that interest rates come down, but it won’t be that simple
President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep.
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Mehdi Hasan shuts down Trump’s latest Fed claim: 'Would still be an untrue statement'
Former MSNBC host Mehdi Hasan shut down President Donald Trump's claim that he knows more than Federal Reserve when it comes to interest rates. During a Thursday press conference, a reporter said to ...
Trump takes aim at Fed in economic forum comments
In an address to the World Economic Forum in Switzerland, delivered via video link Thursday, President Donald Trump revisited his displeasure with the policy direction of the U.S. Federal Reserve that ...
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Trump says will demand interest rates drop 'immediately'
US President Donald Trump said Thursday he would seek to bring interest rates lower by unleashing energy production, and would speak to the Federal Reserve if needed. Trump told reporters in ...
President Trump demanded that interest rates drop 'immediately.' A CD can lock in high rates while they last
Trump said that he would require interest rates to come down. Find out how opening a CD now can help you prepare for falling interest rates.
Trump demands Fed cut rates, claims better monetary policy understanding
U.S. President Donald Trump on Thursday said he wants the Federal Reserve to cut interest rates at a time the central bank has hit pause for an uncertain duration, arguing he understands monetary ...
U.S. credit card defaults soar; total debt hits 12-year high
Meanwhile, a similar report from personal finance site NerdWallet found that 48% of Americans who have credit card debt say paying for necessities is a reason they carry a balance. While income has ...
Stock market today: S&P 500 climbs to a record
U.S. stocks rose to a record as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year.
Trump says he'll demand lower rates immediately, claims he knows rates better than Fed
President Trump said if oil prices come down he'll demand lower interest rates immediately, adds he knows rates 'much better' than Fed officials ...
CIO of world's biggest bond fund sees no Fed rate cuts for 'foreseeable future'
The Federal Reserve is done with rate cuts for the "foreseeable future" and its next move could even be to hike, Dan Ivascyn, chief investment officer at bond-fund giant Pimco told the Financial Times ...
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GOP floats credit union taxes, repealing FDIC orderly liquidation authority
A document circulated by the House Ways and Means Committee makes a number of suggestions for cutting federal spending, including revoking the federal tax exemption for credit unions and eliminating ...