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Trump calls for interest rate cuts after better-than-expected GDP report
Today, the Federal Reserve is meeting to discuss interest rates. The meeting comes as Fed Chair Jerome Powell faces mounting pressure from President Trump to cut rates. Financial Times Columnist Gillian Tett joins Ana Cabrera to share her insights.
Powell cites Trump's tariffs after leaving interest rates unchanged, Trump touts GDP numbers
President Trump spent the day hailing new GDP numbers that showed stronger than expected economic growth over the past three months. But at the Federal Reserve, Chair Jerome Powell pointed to Mr. Trump's tariffs as he announced the central bank would leave interest rates unchanged.
Remember when Trump said Biden should get the blame if the economy struggled in the second quarter? As luck would have it, he ...
Senate Minority Leader Chuck Schumer (D-NY) took to the Senate floor Wednesday, calling the GDP number a "mirage" and raising ...
Despite warnings from economists and business leaders about potential GDP shocks from tariffs, the economy’s resilience—bolstered by strong labor markets and consumer confidence—has contradicted ...
President Trump used a return to GDP growth ahead of a widely expected Federal Reserve decision to keep monetary policy unchanged to say that Fed chairman Jerome Powell must “now” lower rates. The ...
World leaders have lavished praise on President Trump in order to smooth diplomatic relations — and get better deals too.
The Commerce Department’s initial GDP estimate beat the 2.3 percent rate anticipated by most economists. “2Q GDP JUST OUT: 3%, WAY BETTER THAN EXPECTED!” Trump posted on his social network. The surge ...
In theory, sturdy economic growth eases pressure on the Fed to lower interest rates, since consumers and businesses appear ...
Raw Story on MSN2d
WSJ decries 'weirdest GDP report ever' as Trump's 'up-and-down' tariff policy takes hold"This may be the weirdest GDP report ever," the board wrote in an op-ed. "The top line growth number looks good, and the ...
US President Donald Trump's imposition of a 25% tariff on Indian exports could significantly impact India's economy, ...
Axios on MSN2d
Trump claims the economy, for better or worseThe nation has dodged the worst-case scenarios predicted by Wall Street economists just months ago, an easy bragging point ...
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