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Trump Wants a 3-Point Fed Rate Decrease. But You Can't Always Get What You Want.
The right to freedom of speech allows Trump to make demands of the Fed to his heart's content. But legally, he cannot compel the central bank to lower its benchmark interest rate. The Fed has the right to act independently, and its aim is to promote a healthy and stable economy by keeping inflation in check.
The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
The president’s attacks on the independence of the Federal Reserve could further harm the dollar’s status as the preeminent ...
WASHINGTON, July 9 (Reuters) - U.S. President Donald Trump on Wednesday called on the Federal Reserve to lower the federal ...
Federal Reserve Chair Jerome Powell says cutting interest rates could push inflation even higher. President Trump called for Powell to resign in response.
As he sought to recapture the White House in 2024, Donald Trump promised to "put a temporary cap on credit card interest rates at 10%." During his presidency, bipartisan lawmakers have introduced ...
Global stocks advanced on Thursday, underpinned by optimism around artificial intelligence and the prospect of upcoming ...
U.S. President Donald Trump has intensified his tariff rhetoric this week, but financial markets aren't convinced, likely ...
Cryptopolitan on MSN2d
Trump demands historic rate cut as inflation threat loomsThe US stock market just blew past every record in history, as the capitalization-to-GDP ratio hit 208% this week, jumping ...
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