US President Trump says he will announce a new Fed Chair "soon", all of those interviewed are "great". Criticises Chair Powell. US should be paying the lowest interest rate in the world.
President Trump's comments regarding the Fed Chair signify a potential shift in leadership that could influence monetary policy direction.
EU MEP Lange posts the EU-US deal is "on ice indefinitely", adds "Our sovereignty & territorial integrity are at stake. Business as usual impossible"
EU is delaying the vote on ratifying the US trade agreement
US President Trump says he will announce a new Fed Chair "soon", all of those interviewed are "great". Criticises Chair Powell. US should be paying the lowest interest rate in the world.
US President Trump says he hopes to sign a bill on crypto soon, Congress is working on market structure regulation. Wants to ensure that China does not get a hold on crypto.
US President Trump says he will be taking action on house prices. Signed an executive order preventing large institutional investors from purchasing homes. Will be asking Congress to cap credit card prices at 10%.
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By criticizing Chair Powell and advocating for lower interest rates, he introduces uncertainty around the Fed's current stance and suggests a more accommodative approach may be on the horizon, which could impact asset prices across fixed income and equities.
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