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Trump says he will demand interest rates drop 'immediately'
Donald Trump promised to tackle cost-of-living crisis—now he’s risking inflation by demanding interest rates drop ‘immediately’
Progress reducing the rise in consumer prices has stalled, with recent data coming in hotter than expected. By pressuring the Federal Reserve, Trump could reignite inflation.
Trump tells Davos he’ll demand that interest rates drop. It’s a fresh jab at the Fed.
U.S. President Donald Trump delivered remarks Thursday in a video appearance at the World Economic Forum’s annual gathering in Davos, Switzerland.
Trump says he will 'demand' lower interest rates
President Donald Trump on Thursday said he will call for a lowering of U.S. interest rates, exerting pressure on the Federal Reserve despite a longstanding norm of political independence at the central bank.
Bank of Japan raises policy interest rate
Bank of Japan raises interest rates to highest in 17 years, yen jumps
The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis and revised up its inflation forecasts, underscoring its confidence that rising wages will keep inflation stable around its 2% target.
Big banks hiked interest rates on borrowers but not for savers, senators say
As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.
Japan raises interest rates to highest level in 17 years
The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis, underscoring its confidence that rising wages will keep inflation stable around its 2% target.
20h
How will CD interest rates be impacted by the January Fed meeting?
Could CD interest rates decline again this month? Here's what savers should consider before the January Fed meeting.
17h
on MSN
The S&P 500 closes at a record high as Trump pushes for cheaper oil and lower interest rates
Oil prices fell after Trump's comments, while the 10-year US Treasury yield rose, signaling that Trump may have less ...
3d
Here's When the Fed Is Likely to Cut Interest Rates Again, and What It Means for Stocks
The Federal Reserve will hold its first policy meeting of the year on Jan. 28 and 29, where it is widely expected to keep ...
2d
UK interest rates have a long way yet to fall, says Goldman Sachs
Goldman’s forecast is for just 0.9 per cent UK GDP growth this year, which is a lot lower than consensus (1.3 per cent), the ...
12h
BOJ raises short-term interest rates to 0.5% in widely expected move
The Bank of Japan raised interest rates on Friday in a widely expected move, reflecting its growing optimism that wages will continue rising and keep inflation sustainably around its 2% target.
1h
Fed to hold rates steady at an unsteady moment
U.S. Federal Reserve policymakers meeting next week are expected to keep interest rates on hold but the larger story ...
14h
Interest rates warning for desperate homeowners
Experts have revised warnings for homeowners as shock new research shows just how much pain mortgage holders are currently ...
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