President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
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.
DAVOS, SWITZERLAND — Investors should rule out nothing from the Federal Reserve in 2025 if the newly minted Trump administration uncorks fresh tariffs on China and the European Union.
Britain's benchmark index, the FTSE 100, reached a record high as investors reacted positively to strong corporate updates and soothing comments by U.S. Federal Reserve Chair Jerome Powell. Companies like Shell and Watches of Switzerland Group contributed significantly to the index's rise,
President Trump said if oil prices come down he'll demand lower interest rates immediately, adds he knows rates 'much better' than Fed officials
Switzerland's foreign trade surplus increased notably during the year 2024 compared to last year amid a new record growth in exports
By holding rates steady at 4.25% to 4.5%, the Fed may be setting the stage for a prolonged wait-and-see approach—monitoring inflation’s trajectory and awaiting clarity on Trump’s trade and immigration plans.
The US Federal Reserve decided to hold its key interest rate steady on Wednesday (January 29), maintaining it in the range of 4.25%-4.5%. The decision by the central bank’s Federal Open Market Committee (FOMC) came as anticipated,
The Swiss government said on Wednesday that it would from May 1 remove the European Union from a list of jurisdictions affected by protective measures for the Swiss stock exchange, ending a block on the trading of Swiss shares on other bourses.
USD/CHF recovers its recent losses from the previous two sessions, trading around 0.9050 during the Asian hours on Tuesday. The upside of the pair could be attributed to the improved US Dollar (USD) following tariff threats made by US President Donald Trump.
Global markets show positive momentum following lower-than-expected US core inflation, while South African markets respond to international pressures and await crucial MPC decision. Trump's remarks on