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.
U.S. President Donald Trump delivered remarks Thursday in a video appearance at the World Economic Forum’s annual gathering in Davos, Switzerland.
President Donald Trump took a combative tone at times as he spoke remotely Thursday to an international audience of business leaders, politicians and other elites at the World Economic Forum’s annual event in Davos,
Federal Reserve officials are expected to leave interest rates steady when they emerge from their first policy meeting of the second Trump administration Tuesday.
With inflation still hovering above the 2% target, policymakers are expected to take a cautious stance, closely monitoring economic trends and the potential impact of the new administration’s policies.
US Federal Reserve has a dual mandate to act independently and keep inflation and employment in check, primarily by raising and lowering short-term 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.
DAVOS, SWITZERLAND — The Federal Reserve now needs to be on Trump watch if it wants to engineer the proper dose of monetary policy, according to Bank of America chief Brian Moynihan.
Silver prices rose close to $31.00 per troy ounce on Friday during Asian trading hours. The increase followed recent comments made by President Donald Trump at the World Economic Forum in Davos, Switzerland.
In virtual remarks to the annual meeting of the World Economic Forum in Davos, Switzerland, President Donald Trump on Thursday spouted many false or misleading economic claims. Here’s a quick rundown.
WASHINGTON - President Donald Trump said on Thursday that the "Golden Age" of America had begun and that it was "back and open for business" while addressing business and political leaders gathered at the World Economic Forum’s annual meeting in Davos, Switzerland.