US Fed policy outlook: Fed chair Jerome Powell says central bank must remain ‘non-political’ as Donald Trump pressure mounts, rate cut still not ruled out
Tuesday, 1 July 2025 () Jerome Powell highlights the importance of the Federal Reserve's independence. This comes as Donald Trump pushes for interest rate cuts. Powell says the Fed is focused on economic stability for everyone. The Fed is holding rates steady due to trade policy uncertainty. Inflation may rise this summer. A rate cut in July is not off the table.
U.S. President Donald Trump has warned that New York City could lose over $100 million in federal funding if Democratic Socialist Zohran Mamdani becomes mayor. In a fiery Fox News interview, Trump labeled Mamdani a “pure communist” and said his election would be “inconceivable.”
Mamdani, a...
In a stunning foreign policy pivot, Donald Trump lifts decades-old U.S. sanctions on Syria following the fall of Bashar al-Assad. Backing the new regime under Ahmed al-Sharaa—an ex-Al-Nusra..
US President Donald Trump has said he is cutting off trade talks with Canada "immediately" as the country looks to start enforcing a tax policy targeting big tech companies.
The White House is drawing comparisons between Israeli PM Benjamin Netanyahu’s corruption trial and Donald Trump's own legal troubles, calling both politically motivated “witch hunts.” Trump’s..
Federal Reserve Chair Jerome Powell indicated the central bank's intent to hold steady on interest rates, prioritizing further economic data analysis before... IndiaTimes Also reported by •Upworthy
Fed Chair Powell Weighs in on Potential July Rate Cut, Trump’s Criticism WSJ Federal Reserve Chair Jerome Powell, speaking at a European Central Bank... Upworthy Also reported by •Invezz
President Trump has intensified speculation about Federal Reserve leadership, calling Chair Jerome Powell "terrible" and indicating he's considering... IndiaTimes