Trump says Federal Reserve should lower interest rates by 3 points
Tuesday, 15 July 2025 () The Bureau of Labor Statistics on Tuesday released June inflation data, showing prices increased from the prior month. Hours later, President Trump called on the Fed to lower rates.
Trump has backed off a proposed strike plan targeting Moscow, delivering a sharp blow to Ukraine’s hopes. Declining to send long-range missiles, Trump left Zelensky hanging, signaling a potential pivot in U.S. support as the war enters a critical phase. Trump’s decision is sparking concern in Kyiv and among NATO allies over America’s long-term commitment.
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Harvard University faces a billion-dollar hit as the Trump administration freezes $2.6 billion in research funds, hikes taxes on its endowment, and pushes a 15% cap on international student enrollment. The school warns of massive layoffs, halted hiring, and deep cost-cutting to survive. President Alan Garber calls the changes “disruptive and painful,” as tensions escalate over allegations of antisemitism and political bias. With international students at risk and Harvard’s finances strained, America’s richest university finds itself at the center of a high-stakes political battle.
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As President Trump's administration faces a whole brouhaha over newly released details in the disputed "Epstein Files" over the last week ... we're getting a.. TMZ.com
US Federal Reserve keeps interest rates unchanged as it awaits the impacts of Trump's global tariffs
Trump has slammed the US Federal Reserve Board chief Jerome Powell, calling him “stupid”, as the federal agency holds off on interest rate changes as it anticipates economic decline in the wake of the US president’s global tariff policies.
READ MORE : http://www.euronews.com/2025/06/19/us-federal-reserve-keeps-interest-rates-unchanged-as-it-awaits-the-impacts-of-trumps-globa
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Credit: euronews (in English) Duration: 02:00Published
In a 6–3 decision, the Supreme Court ruled that President Trump had the authority to fire Biden-appointed officials Wilcox and Harris mid-term, weakening decades-old congressional protections over independent agencies. The decision—criticized by Justice Kagan—allows presidents to remove executive officers without cause, but excludes the Federal Reserve. Trump’s firings stalled the NLRB and Merit Board, halting key decisions. While the ruling marks a major shift in separation of powers, the Court says a final judgment is still pending.
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