Trump says more tariffs coming and calls for lower interest rates – live
President calls for interest rates to be lowered, and said they would ‘go hand in hand’ with tariffs he plans to announce
Several Democratic state attorneys general warned that the country was in the grip of a full-blown constitutional crisis, as they battle Donald Trump in court over actions they argue are lawless and in some cases brazenly unconstitutional.
“We are on the brink of a dictatorship, and America has never been in a more dangerous position than she is today,” Kris Mayes, the attorney general of Arizona, said at a press conference in Los Angeles on Tuesday.
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Trump says interest rates should be lowered to go 'hand in hand' with his tariffs
Trump again switched positions on the Fed, indicating in a social media post Wednesday that interest rates need to come down.CNBC - 27m -
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Federal Reserve Chair Jerome Powell on Tuesday reiterated the central bank’s commitment to bringing inflation down and signaled that policymakers aren’t in a rush to push interest rates lower.NBC News - 18h -
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Powell called the economy "strong overall" with a "solid" labor market and inflation that is easing but still above the Fed's 2% goal.CNBC - 19h -
UK interest rates are too restrictive
But uncertainty and a rise in near-term inflation warrants a cautious approach to cutsFinancial Times - 20h -
U.S. tariffs and interest rate uncertainties make 2025 a "choppy year": DBS CEO Piyush Gupta
Gupta's comments come as Southeast Asia's largest bank by assets posted a solid showing in its full year results, with net profit reaching a record high.CNBC - 1d -
Trump says tariffs coming on steel and aluminium
Imports of the metals will be hit with a 25% levy, a move that will have the biggest impact in Canada.BBC News - 2d -
Trump says 25 percent tariffs on steel and aluminum coming Monday
President Trump said he will announce 25 percent tariffs on steel and aluminum on Monday, adding that he would also kick off reciprocal tariffs in the days after. Trump said that the steel and ...The Hill - 2d -
Trump, and home buyers, could get their wish for lower mortgage rates — if markets cooperate
The president’s focus on the 10-year Treasury yield is part of Trump’s efforts to bring down mortgage rates, a promise during his campaign.MarketWatch - 4d -
Minneapolis Fed's Kashkari expects lower interest rates later this year
In a CNBC interview, the central bank official expressed confidence that inflation will continue to drift down to the Fed's 2% target.CNBC - 4d
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