Trump pressures Fed to cut rates amid tariff fallout
U.S. President Donald Trump has renewed his criticism of Federal Reserve Chair Jerome Powell, calling for his removal and blaming the central bank’s leadership for...
Tag : Jerome Powell
Bitcoin at $105,000 as Powell backs banks serving crypto customers
Bitcoin surged past $105,000 following the Federal Reserve's decision to maintain current interest rates, with Fed Chair Jerome Powell affirming that U.S. banks can serve...
US inflation persists as Trump’s tariff threats add economic concerns
Inflation in the United States remained persistent in December, with a key gauge monitored by the Federal Reserve rising 2.6% year-over-year, up from 2.4% in...
Bitcoin drops 5 percent erasing $5,000 in a sudden price slump
Bitcoin (BTC) experienced a sharp price drop early this week, losing 5% of its value and shedding $5,000 per token. The decline triggered over $130...
Fed minutes reveal concerns over Trump’s policy-driven inflation risks
Federal Reserve officials expressed concerns during their December meeting over potential inflationary pressures stemming from policies proposed by President-elect Donald Trump, according to minutes released...
Fed slashes rates by 50 basis points as inflation cools
MENA Newswire News Desk: The Federal Reserve on Wednesday cut its benchmark interest rate by half a percentage point, marking the first reduction since the...
10-year Treasury yield stabilizes as rate cut looms
U.S. Treasury yields remained relatively stable on Monday, with the 10-year note holding firm in the wake of Federal Reserve Chair Jerome Powell's latest comments,...