Federal Reserve warns of impact of Trump tariffs as US interest rates held
Wednesday, 7 May 2025 The US central bank held interest rates as it said Trump tariffs have risked higher inflation and unemployment amid "so much" uncertainty.
In a bold move, President Donald Trump announces plans to meet with American filmmakers to discuss the potential impact of new tariffs on foreign-made films. Trump criticized Hollywood for its lack of business involvement, saying the industry isn't doing enough for American jobs. As the threat of...
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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Wednesday, 7 May 2025
The US central bank held interest rates as it said Trump tariffs have risked higher inflation and unemployment amid "so much" uncertainty.
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