Trump lobbies 'Too Late Powell' to cut interest rates
Tuesday, 13 May 2025 () President Donald Trump repeated his criticism of Federal Reserve Chair Jerome Powell as being "too late" in cutting interest rates, while inflation remains above the 2% target.
Trump wants to hear how allies plan to boost defence spending, NATO envoy says
Trump insists NATO members should commit to spending at least 5% of GDP on defence, but that would require investment at an unprecedented scale.
READ MORE : http://www.euronews.com/2025/05/13/trump-wants-to-hear-how-allies-plan-to-boost-defence-spending-nato-envoy-says
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Credit: euronews (in English) Duration: 01:00Published
Trump has expressed a willingness to engage in direct talks with Chinese President Xi Jinping, signaling a possible revival of the US-China trade negotiations. Calling it an “exciting” opportunity, Trump emphasized that the time has come for China to “open up,” just as the U.S. once did. He praised his past relationship with Xi, saying it was only disrupted by the COVID-19 pandemic, and hinted at a strong trade framework already in place.
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The controversy over Donald Trump accepting a $400 million luxury Boeing 747 from the Qatari royal family has erupted into a political firestorm. As critics question the legality and ethics of the jet gift, Representative Shri has officially called for Trump's impeachment, citing potential violations of U.S. ethics laws and national security risks. The Biden administration remains silent, while Trump's allies scramble to defend the deal as a cost-saving move for taxpayers.
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Trump fiercely defended the controversial $400 million Boeing 747 jet gifted by Qatar, lashing out at critics as "fools" and insisting the aircraft is meant for the United States — not for him personally. Trump claims the jet will serve as a temporary Air Force One replacement and save taxpayer dollars. But prominent Republicans and ethics experts are raising red flags over the optics, legality, and potential security risks, questioning whether the gift is truly for America or a veiled personal perk.
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President Trump now says he has “no intention” of firing Federal Reserve Chair Jerome Powell, despite calling him a “major loser” just days ago. Trump’s sudden reversal—delivered in the Oval Office—comes after sharp criticism and market turbulence. Wall Street surged on the news, as fears of a central bank shakeup faded. Trump had previously accused Powell of failing to cut interest rates. The about-face follows internal White House talks on removing Powell, who is legally protected until 2026. Critics warned that firing him could destabilize the entire financial system.
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Investors flee US assets as Trump attacks Fed’s Powell and calls for rate cuts
Investors continued offloading US assets as the Trump administration seeks a way to dismiss Federal Reserve Chair Jerome Powell. Trump has demanded rate cuts, referring to Powell as “a major loser” in a social media post. The US dollar weakened to a three-year low.
READ MORE : http://www.euronews.com/2025/04/22/investors-flee-us-assets-as-trump-attacks-feds-powell-and-calls-for-rate-cuts
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Credit: euronews (in English) Duration: 01:30Published
Trump has launched a fiery attack on Federal Reserve Chair Jerome Powell, calling for his immediate termination after slamming the Fed’s latest economic report as a “complete mess.” Trump accused Powell of being “too late and wrong” on interest rate policy and compared him unfavorably to the European Central Bank, which just issued its seventh rate cut in a year. The outburst follows Powell’s stark warning that Trump’s sweeping tariffs could drive the U.S. into stagflation. With Powell’s term running through 2026 and legal protections in place, Trump’s demand has ignited a constitutional debate over presidential power and the independence of America’s central bank.
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U.S President Donald Trump has shared a TikTok video claiming he intentionally crashed the stock market to push the Federal Reserve into slashing interest rates. The video—originally posted by a user named “AmericaPapaBear”—suggests Trump’s economic tactics could benifit poor Americans. It falsely claims Warren Buffett praised Trump’s strategies as the best in 50 years. Meanwhile, J.P. Morgan has increased the chances of a recession as market volatility continues to rise.
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U.S. inflation is staying high, and it's forcing Jerome Powell and The Federal Reserve to hold interest rates. But what happens next is anyone's guess. With the American economy..
ECB cuts rates again as Trump tariffs weigh on economic outlook
The European Central Bank cut its benchmark interest rate by a quarter point to 2.25% on Thursday as threats to growth outweigh..
Credit: euronews (in English) Duration: 01:00Published
America is currently facing an interest rate standoff between the Federal Reserve and Donald Trump, a situation that could hurt both the economy and everyday Americans. With Trump pushing hard for..
The Federal Reserve is expected to hold interest rates steady, despite pressure from Donald Trump for a cut. Uncertainty surrounding the economic impact of... IndiaTimes
The US Federal Reserve faced a tough call on interest rates amidst President Trump's tariffs. With inflation slightly above the 2% target and economic growth... IndiaTimes
Federal Reserve Chair Jerome Powell expressed concerns about President Trump's tariff policies, highlighting the potential conflict between maintaining low... IndiaTimes