Pound at highest level versus dollar since early 2022
Friday, 23 August 2024 The pound has hit its highest level against the US dollar since March 2022 after the chair of the Federal Reserve declared that "the time has come" for an interest rate cut.
Donald Trump launched a scathing attack on Federal Reserve Chair Jerome Powell, calling him “Too Late” and blaming him for crippling interest rates. In a fiery speech, Trump accused Powell of political bias, economic mismanagement, and wasting billions on federal buildings. Trump claimed high rates are hurting homebuyers and vowed Powell would be “out soon.” He also demanded an internal Fed investigation and slammed Powell’s $2.7 billion building plan, calling it “mission creep.” The clash signals rising tensions over U.S. monetary policy.
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Tensions between governments and central banks are common. Governments often prefer low interest rates for economic growth. Central banks prioritize controlling.. IndiaTimes
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
The US job market showed significant cooling in July with a rise in the unemployment rate to 4.3 percent, its highest level since late 2021. The economy added... IndiaTimes
Last month, RBI Governor Shaktikanta Das had said the question of a change of stance on interest rate is quite premature given the gap between current inflation... Zee News Also reported by •IndiaTimes •DNA •Mid-Day
Friday, 23 August 2024
The pound has hit its highest level against the US dollar since March 2022 after the chair of the Federal Reserve declared that "the time has come" for an interest rate cut.
![Trump BLASTS Fed Chair Jerome Powell | ‘He will be out soon’ | Clash over Interest rates escalates [Video]](https://video.newsserve.net/300/v/20250722/1417316890-Trump-BLASTS-Fed-Chair-Jerome-Powell-He.jpg)
![US Federal Reserve keeps interest rates unchanged as it awaits the impacts of Trump's global tariffs [Video]](https://video.newsserve.net/300/v/20250619/1414251114-US-Federal-Reserve-keeps-interest-rates-unchanged-as.jpg)
