Trump is once again pushing for a rate cut. FOMC members are building a credibility barricade around Jerome Powell
5 Articles
5 Articles
Trump is once again pushing for a rate cut. FOMC members are building a credibility barricade around Jerome Powell
Jerome Powell, Tom Barkin, Jeff Schmid and Lorie Logan have said they’ll wait for data before axing the interest rate—not what President Trump wants.
Trump tariff pause clouds outlook for rate cuts
Economists and investors are struggling to keep up with Donald Trump’s tariff gymnastics as the latest rethink spurs drastic repricing of rate-cut odds. The US president overnight announced a 90-day pause on country-specific tariffs above 10 per cent with the exception of China, against which he raised import imposts to 125 per cent amid an escalating trade feud. The pivot reassured markets across the globe after several days of steep rises and …
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