In an address to the World Economic Forum in Switzerland, delivered via video link Thursday, President Donald Trump revisited his displeasure with the policy direction of the U.S. Federal Reserve that surfaced during his first term in spite of having appointed the leader of the monetary body.
The Federal Reserve is likely to hold interest rates steady in its coming decision out Wednesday.
Despite recent pro-crypto moves by the Trump administration, short-term enthusiasm for the digital asset remains uncertain.
The Federal Reserve will gather this week for its first meeting of 2025 under the looming shadow of a new US president who is already posing challenges to the central bank with his words and possible actions.
At the World Economic Forum in Davos, industry leaders debated Bitcoin’s role as a reserve asset, the memecoin frenzy and crypto’s future amid Trump’s return to the Oval Office.
DAVOS, SWITZERLAND — The Federal Reserve now needs to be on Trump watch if it wants to engineer the proper dose of monetary policy, according to Bank of America chief Brian Moynihan.
US Federal Reserve policymakers meeting next week are expected to keep interest rates on hold but the larger story unfolding will be how the central
President Donald Trump threatened business leaders with higher tariffs, vowed to “demand” decreased oil prices from Opec and called for lower interest rates from central banks in a boast-filled address to the World Economic Forum in Davos, Switzerland.
The Federal Reserve is meeting this week and will make an announcement about any new rate cut on Wednesday afternoon.
The probability of the Federal Reserve keeping interest rates unchanged in January is around 97%, according to the CME FedWatch Tool ahead of the central bank's FOMC meeting this week. S&P Global Ratings Global Chief Economist Paul Gruenwald joins Catalysts anchors Seana Smith and Alexandra Canal to discuss his economic outlook.
The president last week inserted himself into the debate over interest rates ahead of the central bank’s meeting this week.