Fed cuts US growth outlook as Trump trade war gathers pace
Wednesday, 19 March 2025 The US central bank has slashed its expectations for economic growth this year as it eyes challenges on several fronts amid Donald Trump's escalating trade war.
Live from Washington, D.C. – White House Press Briefing covering major topics: Trump-Putin call on Ukraine-Russia peace deal, U.S. travel bans, Yemen attacks, Iran nuclear threat, Syria’s new constitution, Mexico & Canada tariffs, China trade war, EU tariffs, business investments, jobs,...
President Trump now says he has “no intention” of firing Federal Reserve Chair Jerome Powell, despite calling him a “major loser” just days ago. Trump’s sudden reversal—delivered in the Oval Office—comes after sharp criticism and market turbulence. Wall Street surged on the news, as fears of a central bank shakeup faded. Trump had previously accused Powell of failing to cut interest rates. The about-face follows internal White House talks on removing Powell, who is legally protected until 2026. Critics warned that firing him could destabilize the entire financial system.
#Trump #JeromePowell #FederalReserve #InterestRates #TrumpNews #FedChair #MonetaryPolicy #StockMarket #WallStreet #USPolitics #WhiteHouse #Powell #TrumpReversal #EconomicPolicy #CentralBank #BreakingNews #OvalOffice #TrumpStatement #FinanceNews #PowellProtected #RateCutDebate #TrumpFedClash #TrumpMarkets #USEconomy #PaulAtkins #TrumpSpeech #FinancialStability #KevinHassett #PowellUnderFire #PowellStays #TrumpvsPowell
Also Read
US President Donald Trump, Russia's Vladimir Putin Condemned Pahalgam Terrorist Attack, Call It A Brutal Crime :: https://www.oneindia.com/international/us-president-donald-trump-russias-vladimir-putin-condemned-pahalgam-terrorist-attack-call-it-a-br-4131695.html?ref=DMDesc
Harvard Sues Donald Trump Administration Over Cut In US Federal Funding :: https://www.oneindia.com/international/harvard-sues-donald-trump-administration-over-cut-in-us-federal-funding-4130575.html?ref=DMDesc
US Will Drop Ukraine-Russia Peace Efforts If No Progress Within Days: Marco Rubio :: https://www.oneindia.com/international/us-will-drop-ukraine-russia-peace-efforts-if-no-progress-within-days-marco-rubio-4127371.html?ref=DMDesc
~HT.336~
Investors flee US assets as Trump attacks Fed’s Powell and calls for rate cuts
Investors continued offloading US assets as the Trump administration seeks a way to dismiss Federal Reserve Chair Jerome Powell. Trump has demanded rate cuts, referring to Powell as “a major loser” in a social media post. The US dollar weakened to a three-year low.
READ MORE : http://www.euronews.com/2025/04/22/investors-flee-us-assets-as-trump-attacks-feds-powell-and-calls-for-rate-cuts
Subscribe to our channel. Euronews is available on Dailymotion in 12 languages
Credit: euronews (in English) Duration: 01:30Published
Trump has launched a fiery attack on Federal Reserve Chair Jerome Powell, calling for his immediate termination after slamming the Fed’s latest economic report as a “complete mess.” Trump accused Powell of being “too late and wrong” on interest rate policy and compared him unfavorably to the European Central Bank, which just issued its seventh rate cut in a year. The outburst follows Powell’s stark warning that Trump’s sweeping tariffs could drive the U.S. into stagflation. With Powell’s term running through 2026 and legal protections in place, Trump’s demand has ignited a constitutional debate over presidential power and the independence of America’s central bank.
#TrumpVsPowell #JeromePowell #FedChair #TrumpTweets #JayPowell #TrumpNews #TrumpBlastFed #FederalReserve #TrumpEconomicPolicy #TrumpAdministration #PowellNews #TrumpTwitter #USFedChair #TrumpTradePolicy #Trump
~PR.152~HT.410~GR.124~
U.S President Donald Trump has shared a TikTok video claiming he intentionally crashed the stock market to push the Federal Reserve into slashing interest rates. The video—originally posted by a user named “AmericaPapaBear”—suggests Trump’s economic tactics could benifit poor Americans. It falsely claims Warren Buffett praised Trump’s strategies as the best in 50 years. Meanwhile, J.P. Morgan has increased the chances of a recession as market volatility continues to rise.
#Trump #StockMarketCrash #Economy #RecessionFears #TrumpTikTok #FederalReserve #Buffett #Markets #Tariffs #ViralVideo #JPmorgan #TikTokPolitics #TrumpEconomics
Also Read
Viral Posts Rename Black Monday To ‘Orange Monday’ Amid Global Market Jitters :: https://www.oneindia.com/india/viral-posts-rename-black-monday-to-orange-monday-amid-global-market-jitters-4116865.html?ref=DMDesc
The Trump Fiasco: How A Tariff Blitz Crashed The World Economy, What’s Next? :: https://www.oneindia.com/international/the-trump-fiasco-how-a-tariff-blitz-crashed-the-world-economy-what-s-next-4116797.html?ref=DMDesc
Will India Hit Back at Trump Tariffs? Govt Official Finally Speaks Out :: https://www.oneindia.com/india/will-india-hit-back-at-trump-tariffs-govt-official-finally-speaks-out-4116695.html?ref=DMDesc
~ED.194~GR.124~HT.336~
US President Donald Trump has pledged unwavering commitment to his aggressive tariff strategy, calling it a chance to “get rich.” Despite a massive stock market crash and mounting global backlash, Trump insisted tariffs are essential to protect American jobs. China, Canada, and the EU have responded with retaliatory duties, sparking fears of a global trade war. The WTO warns of economic contraction, while the US Fed sees inflation risks rising. Still, Trump’s administration denies any harm to American businesses, claiming domestic growth will offset global tensions.
#TrumpTariffs #TradeWar #USChinaTensions #GlobalMarkets #StockCrash #ImportDuties #AmericaFirst #WTO #TradePolicy #USPolitics #JeromePowell #EconomicNews #CanadaTariffs #EUResponse #GlobalRecession #TruthSocial #InflationFears #BusinessNews #TrumpEconomy #Protectionism
~HT.410~
Donald Trump returned from his tour of the Middle East Friday with some investment pledges secured in Saudi Arabia and Qatar ... but D.L. Hughley is less than.. TMZ.com
Donald Trump has announced the concept for his Golden Dome missile defence system – which includes plans for the US put weapons in space for the first time. Sky News
'Peace is not possible': Kyiv residents remain pessimistic over Trump-Putin talks
Ukrainian citizens view the Russian president's words to Donald Trump as a "stalling tactic," as Moscow's all-out war continues well into its fourth year.
READ MORE : http://www.euronews.com/2025/05/20/peace-is-not-possible-kyiv-residents-remain-pessimistic-over-trump-putin-talks
Subscribe to our channel. Euronews is available on Dailymotion in 12 languages
Credit: euronews (in English) Duration: 01:50Published
SCHUMER vs TRUMP: Senator Chuck Schumer is under fire after suggesting that a Trump-era hiring freeze may have contributed to a tragic Mexican Navy ship crash at the Brooklyn Bridge that killed two cadets. Schumer pointed to weakened Coast Guard staffing as a potential cause, linking it to national security concerns. However, the Department of Homeland Security dismissed his claims, saying the Coast Guard was exempt and fully operational. Conservatives and media figures blasted Schumer’s remarks as baseless and political, with Fox News’ Mark Levin calling him “stupid and evil.”
#ChuckSchumer #Trump #ShipCrash #BrooklynBridge #MexicanNavy #NYCNews #USPolitics #CoastGuard #MarkLevin #FoxNews #SchumerBacklash #HiringFreeze #NationalSecurity #BreakingNews #VesselTraffic #BridgeCrash #SenateNews #DHS #ConservativeTwitter #PoliticalControversy #SchumerVsTrump #BlameGame #CoastGuardNews #PublicSafety #MarineAccident #TrumpEraPolicy #VesselMonitoring #SocialMediaBacklash #NYCIncident #PoliticalFirestorm
Also Read
Donald Trump Says Russia-Ukraine Ceasefire Talks To Begin 'Immediately' Following Call With Putin :: https://www.oneindia.com/international/donald-trump-says-russia-ukraine-ceasefire-talks-to-begin-immediately-following-call-with-putin-4158165.html?ref=DMDesc
Trump Takes Another Jab At Taylor Swift, Claims She's ‘No Longer Hot’ After His Criticism :: https://www.oneindia.com/international/trump-takes-another-jab-at-taylor-swift-claims-shes-no-longer-hot-after-his-criticism-4156725.html?ref=DMDesc
Who Stands To Lose If Apple Moves iPhone Manufacturing Unit From India To US & How Much Will iPhone Cost Then? :: https://www.oneindia.com/india/who-stands-to-lose-if-apple-moves-iphone-manufacturing-from-india-to-us-how-much-will-iphone-cost-4155861.html?ref=DMDesc
~HT.410~ED.420~
Trump Hits 47% Approval in Three Months. Three months into his second term, former U.S. President Donald Trump has reached his highest approval rating at 47%, according to an NBC News poll. Despite..
Mark Carney sworn in as Canada's new prime minister as country faces US trade war
The governing Liberal Party appeared to be poised for a historic election defeat this year until US President Donald..
Credit: euronews (in English) Duration: 01:02Published
Trump issues a fiery warning to the European Union, threatening a 200% tariff in retaliation for the EU’s “nasty” 50% duty on American goods. Declaring that the U.S. has been taken advantage of..
Ironically, Vanessa had once briefly dated Donald Trump himself before she was introduced to his son. According to past interviews and reports, she had a few... IndiaTimes
Elon Musk predicts Vice President JD Vance will succeed Donald Trump as President. Musk praises Vance as the 'Best VP ever,' having also supported Trump’s 2024... IndiaTimes
While the world's press and White House officials were witnessing the Trump Zelensky fight, many users on X shared funny videos and Trump Zelensky meeting meme... DNA Also reported by •IndiaTimes