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Search results for: "interest rates". 8 articles found.
Nation Review - 12 hours 31 min agoThe pick to be Federal Reserve chairman has a history of concern about inflation but more recently has been in harmony with President Trump's push for lower interest rates.
Gold's return to earth on Friday might have been a bet that Trump's replacement for Fed Chairman Jerome Powell will push back against calls for lower interest rates.
Financial markets churned on Friday as investors tried to figure out what President Trump's selection of a new leader of the Federal Reserve will mean for interest rates. The Dow fell 179.09 points, or 0.4%, to 48,892.47, closing the week down 0.4%. The S&P 500...
ABC News - 13 hours 43 min agoStocks fell on Wall Street, while gold and silver prices plunged as investors tried to gauge what President Donald Trump's new nominee to lead the Federal Reserve will mean for interest rates...
President Trump told reporters in the Oval Office on Friday that he did not discuss interest rate cuts with his Federal Reserve chair pick Kevin Warsh, insisting that would be "inappropriate." When asked whether Warsh had committed to him that he would cut interest rates if he is confirmed, Trump said, "no, but we talk...
Trump's pick follows his attacks on current Fed Chair Jerome Powell, who this week paused cuts to interest rates despite pressure from the president.
NPR - 23 hours 22 min agoTrump plans to nominate Kevin Warsh to be the next chair of the Federal Reserve, when Jerome Powell's term expires in May. The president has been pushing the central bank to slash interest rates.
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