Davos Federal Reserve

Fed hold rates steady

Fed holds interest rates steady, defying pressure from Trump

The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central bank to lower them. The announcement put the central bank on a potential collision course with Trump, though a longstanding norm of independence typically insulates the Fed from direct political interference.

NBC News on MSN · 2d

Trump slams Fed after decision to hold interest rates steady

Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s tradition-bucking pressure on the central bank.

The Associated Press on MSN · 3d

Fed likely to hold rates steady despite Trump call for cuts as it awaits tariff, immigration changes

Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation remains above its 2% target: Its preferred measure is at 2.4%, though core prices — considered a better gauge of where inflation is headed — rose 2.8% in November from a year ago.

bankingdive1d

Dive Deposits: Trump picks the most public moments to knock luminaries

The president bashed Jerome Powell on inflation less than two hours after the Fed chair announced interest rates would stay ...

Mises Institute12h

Europe Doubles Down on Stagnation at Davos

When governments subsidize low productivity and penalize high productivity with enormous taxes, the economy suffers. This is ...

8don MSN

Trump threatens tariffs during Davos address, signs order to declassify JFK files

President Donald Trump took a combative tone at times as he spoke remotely Thursday to an international audience of business ...

Hosted on MSN3d

President Donald Trump signals he may pressure the Federal Reserve

Speaking before the World Economic Forum in Davos, Switzerland, Trump said he’ll call for interest rates to be lower than current levels. A possible sign he is setting up a possible battle with the ...

8dOpinion

Takeaways: Some of Trump’s Davos declarations could divide Republicans

Donald Trump put friends and foes on notice when he addressed the World Economic Forum on Thursday, making his return to the ...

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