Markets trim Fed rate cut bets following hot inflation report
A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...
Powell says Trump’s comments won’t affect interest rate decisions by the Fed
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the ...
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Trump seeks reduction of US interest rates
President Donald Trump of the United States on Wednesday called for the reduction of interest rates. DAILY POST reports that ...
Fed's Powell heads back to Congress as data shows inflation jump in January
U.S. consumer prices rose faster than expected in January in a sign progress on inflation may remain stalled, data showed on ...
Trump blames Biden for hot inflation report, calls for lower interest rates as markets plunge
President Trump Wednesday blamed Biden for a hot inflation report and called for lower interest rates. The Fed is likely to ...