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.
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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Newly surfaced CNN photos and footage show Donald Trump and Jeffrey Epstein together at Trump’s 1993 wedding and a 1999 fashion event, contradicting Trump’s longstanding denials of close ties. The visuals, uncovered from limited 1990s archives, reignite scrutiny as MAGA supporters demand the DOJ release sealed Epstein files. While Trump dismissed the report as “fake news,” the White House downplayed the images as harmless. Yet, renewed pressure builds as evidence confirms the two socialized extensively before Epstein’s legal troubles.
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