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'Great numbers': Trump pushes US Fed for 'one full point' rate cut after CPI data; markets weigh US-China trade deal

IndiaTimes Wednesday, 11 June 2025
President Trump urged the Federal Reserve to cut interest rates by a full percentage point following the release of Labor Department data showing a 2.4% rise in the Consumer Price Index. While overall inflation remains tame, economists caution that tariffs could soon drive up retail prices, potentially complicating the Fed's decision-making process as they monitor the economic impact.
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News video: U.S-CHINA TRADE DEAL:“IT’S DONE” Trump CLINCHES Massive Trade Deal With China | Rare Earths Sealed

U.S-CHINA TRADE DEAL:“IT’S DONE” Trump CLINCHES Massive Trade Deal With China | Rare Earths Sealed 03:32

 President Trump has announced the finalization of a major trade agreement with China, declaring "It's done." The deal includes upfront rare earth mineral supplies from China, a long-standing sticking point in talks. Surprisingly, China will face only 10% tariffs, while the U.S. will impose 55% on...

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