Trump Tells Davos Crowd He Will Demand Lower Interest Rates, Oil Prices
U.S. President Donald Trump gives remarks at the World Economic Forum WEF Annual Meeting in Davos, Switzerland, Jan. 23, 2025. Photo: President Donald Trump demanded OPEC lower oil prices and the world drop interest rates in a speech to global business and political leaders and warned them they will face tariffs if they make their products anywhere but the U.
Trump Demands Fed Cut Rates, Claims Better Monetary Policy Understanding
Trump's comments on Fed interest rate policy are highly unusual for presidents in the modern era and conflict with the agency's design of setting interest rate policy independently. The Fed, which does not have to follow any instructions from the president, did not immediately respond to a request for comment.
Federal Reserve Governor Christopher Waller said he believes inflation will continue to cool toward the central bank’s 2% target, prompting his support for additional interest-rate cuts this year.
Inflation is likely to continue to ease and possibly allow the U.S. central bank to cut interest rates sooner and faster than ...
Fed Governor Christopher Waller told CNBC on Thursday that the central bank could lower interest rates multiple times this ...
The US Federal Reserve could cut rates three or four times this year if inflation data cooperates, with a first cut possible ...
Fed's Waller backs more rate cuts, says he doesn't think proposed Trump tariffs will spark inflation
I believe more cuts will be appropriate," Waller said ... for inflation this year to a 2.5% annual rate, up from 2.1% prior forecast. The Fed's latest projection also said that inflation ...
U.S. Federal Reserve Governor Christopher Waller says multiple rate cuts are possible in the first half of the year.
Stocks and bonds staged a turnaround this week as investors cheered a flurry of positive headlines that bolstered the case ...
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