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 policy better than those charged with setting it.
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
CEO Brian Moynihan catches up with Yahoo Finance Brian Sozzi at the 2025 World Economic Forum in Davos, Switzerland. Moynihan ...
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
The US job market has normalized, with steady wage growth. Learn why economic stability in early 2025 might face challenges ...
After two years of progress on inflation and surprisingly persistent economic growth, the Federal Reserve next week meets ...
President-elect Donald Trump has created a headache for the Federal Reserve before he's even stepped into office. Inflation, ...
The U.S. Federal Reserve will hold interest rates steady on Jan. 29 and resume cutting in March, according to a slim majority ...
President Donald Trump is remaking the traditional boundaries of Washington, asserting unprecedented executive power and ...
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
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