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Rate rage returns: Trump demands 'a full point' rate cut from Fed, Wall Street cheers as jobs data signals resilience

IndiaTimes Friday, 6 June 2025
Wall Street saw a surge following a positive US jobs report. Donald Trump called for a significant interest rate cut. He criticized the Federal Reserve's policies. The S&P 500, Dow Jones, and Nasdaq all experienced gains. Investors seemed to overlook economic concerns. There was optimism about potential easing of trade tensions.
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News video: Trump-Xi Phone Call Details Revealed | Trump hail ‘very good’ call, says trade talks ‘back on….’

Trump-Xi Phone Call Details Revealed | Trump hail ‘very good’ call, says trade talks ‘back on….’ 02:30

 Donald Trump has revealed details of a “very good” phone call with Chinese President Xi Jinping, signaling a thaw in U.S.-China tensions. Trump said the two leaders have invited each other for state visits—and both accepted. He will head to China, while Xi is expected in the U.S. soon. Trump...

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