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Trump calls for interest rate cuts after better-than-expected GDP report
Today, the Federal Reserve is meeting to discuss interest rates. The meeting comes as Fed Chair Jerome Powell faces mounting pressure from President Trump to cut rates. Financial Times Columnist Gillian Tett joins Ana Cabrera to share her insights.
Powell cites Trump's tariffs after leaving interest rates unchanged, Trump touts GDP numbers
President Trump spent the day hailing new GDP numbers that showed stronger than expected economic growth over the past three months. But at the Federal Reserve, Chair Jerome Powell pointed to Mr. Trump's tariffs as he announced the central bank would leave interest rates unchanged.
Remember when Trump said Biden should get the blame if the economy struggled in the second quarter? As luck would have it, he ...
Senate Minority Leader Chuck Schumer (D-NY) took to the Senate floor Wednesday, calling the GDP number a "mirage" and raising ...
Despite warnings from economists and business leaders about potential GDP shocks from tariffs, the economy’s resilience—bolstered by strong labor markets and consumer confidence—has contradicted ...
Raw Story on MSN3d
WSJ decries 'weirdest GDP report ever' as Trump's 'up-and-down' tariff policy takes hold"This may be the weirdest GDP report ever," the board wrote in an op-ed. "The top line growth number looks good, and the ...
The Commerce Department’s initial GDP estimate beat the 2.3 percent rate anticipated by most economists. “2Q GDP JUST OUT: 3%, WAY BETTER THAN EXPECTED!” Trump posted on his social network. The surge ...
Mediaite on MSN1d
Velshi Slams Journos ‘Jumping’ on ‘Unimpressive’ Trump GDP Growth: It’s Just a Shiny ‘Math Equation’The MSNBC host bashed journalists for their Trump coverage for a second week in a row, this time for treating the positive ...
It’s Wednesday. Two meteor showers are peaking at the same time! 💫Here’s how you have the best chance to see them. In ...
Cryptopolitan on MSN1h
Trump wants control of rates, but global savings are drying upDonald Trump’s number one economic goal has been to see interest rates lower. But the real problem isn’t Jerome Powell. It’s ...
The 25 per cent tariff announced by Donald Trump on exports to the United States will have a 'negligible' impact on the ...
US President Donald Trump's imposition of a 25% tariff on Indian exports could significantly impact India's economy, ...
Axios on MSN3d
Trump claims the economy, for better or worseThe nation has dodged the worst-case scenarios predicted by Wall Street economists just months ago, an easy bragging point ...
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