President Donald Trump wants to reduce short-term and long-term i. You’re probably wondering how a president can do that while not stepping over the Federal Reserve
That has helped BTC bounce to nearly $90K, with the total crypto market cap rising to the $2.9 trillion mark. The recovery could extend further as the recent trade war fears and market volatility have reignited bets on Federal Reserve (Fed) rate cuts.
As President Donald Trump lashes out at government agencies across Washington, one of his favorite first-term targets – the Federal Reserve – has been getting a relatively easy ride.
Although President Donald Trump nominated Jerome Powell to chair the Federal Reserve, he has made clear that once Powell’s term ends in 2026, he will nominate someone else. Trump’s desire for low interest rates may not coincide with Powell’s direction if inflation rises.
Treasury yields slid to their lowest levels of the year Tuesday as a recent parade of softening data suggesting the US economy will require Federal Reserve interest-rate cuts this year.
Key Takeaways The Federal Reserve's "Beige Book" report showed growing uncertainty and anxiety among business leaders about the impact of President Donald Trump's escalating trade wars.People interviewed in the report said they would likely have to pass cost increases from tariffs on to customers.
Recent reports on softening consumer demand have spurred fears of a slowdown as markets prepare for higher inflation once Donald Trump administration's tariff policies take full effect. Expectations of sticky inflation had led to the Federal Reserve leaving interest rates on hold since December,
Sen. Elizabeth Warren is pressing one of Donald Trump's top economic advisory picks to explain his stance on Federal Reserve independence as scrutiny of the central bank intensifies in Washington, D.C.