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 surfaced during his first term in spite of having appointed the leader of the monetary body.
Britain's benchmark index, the FTSE 100, reached a record high as investors reacted positively to strong corporate updates and soothing comments by U.S. Federal Reserve Chair Jerome Powell. Companies like Shell and Watches of Switzerland Group contributed significantly to the index's rise,
DAVOS, SWITZERLAND — Investors should rule out nothing from the Federal Reserve in 2025 if the newly minted Trump administration uncorks fresh tariffs on China and the European Union.
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
The Swiss government said on Wednesday that it would from May 1 remove the European Union from a list of jurisdictions affected by protective measures for the Swiss stock exchange, ending a block on the trading of Swiss shares on other bourses.
The Fed declined Wednesday to lower the interest rate in a move that ends a three-cut run and goes against the direction of President Trump.
President Donald Trump on Thursday said he will call for a lowering of U.S. interest rates, exerting pressure on the Federal Reserve despite a longstanding norm of political independence at the central bank.
President Donald Trump may want lower interest rates, but the Federal Reserve will almost certainly keep its benchmark interest rate unchanged at its two-day policy meeting that
Global markets show positive momentum following lower-than-expected US core inflation, while South African markets respond to international pressures and await crucial MPC decision. Trump's remarks on
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s tradition-bucking pressure on the central bank.
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