US central bankers resist Trump’s pressure to cut interest rates

Also in today’s newsletter, the White House’s U-turn on freezing federal funding

Topics

European Central Bank Cuts Interest Rates as Economic Growth Stagnates

The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.
The New York Times - 5h
European Central Bank cuts interest rates to support growth as eurozone economy stagnates - as it happened

Live coverage of business, economics and financial news as ECB cuts main interest rate by 0.25 percentage points in effort to support European economies. It was a flash reading on the Eurozone ...
The Guardian - 6h
The Federal Reserve should resist pressure from Trump, experts say

President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
CBS News - 1d
European Central Bank to cut rates again with Trump threat and U.S. divergence in focus

"The Fed will likely be on a more hawkish path, so significant divergence from the ECB could risk flight of capital towards the Dollar."
CNBC - 1d
Trump piles pressure on Fed chair Jay Powell to cut interest rates

US central bank widely expected to hold borrowing costs steady at meeting next week
Financial Times - 6d
Turkey's central bank lowers benchmark interest rate to 45%

Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 45%
ABC News - Jan. 23
Surprise fall in inflation boosts interest rate cut hopes

Inflation falls for the first time in three months, sparking expectations rates may be cut to 4.5% in February.
BBC News - Jan. 15
Fed Governor Bowman says December interest rate cut should be the last

Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further.
NBC News - Jan. 9
Fed Governor Bowman says December interest rate cut should be the last

Bowman said Thursday she supported the recent interest rate cuts but doesn't see the need to go any further.
CNBC - Jan. 9

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