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Trump Says He Will ‘Demand’ Rate Cuts, Aligning His Views With Federal Reserve

Speaking at the World Economic Forum on Thursday, President Donald Trump called for future interest rate cuts in response to falling oil prices, echoing the Fed's outlook for further easing. The speech will be Trump's first major comments on monetary policy since taking office three days ago. “With oil prices falling, I demand that interest […]

Gold Prices Surge to One-Month High Amid Renewed Hopes of Rate Cuts – Emirates 24|7

Gold prices firmed on Thursday after hitting a one-month high, helped by softer US inflation data that reignited hopes for interest rate cuts. However, a ceasefire agreement between Israel and Hamas limited further gains. Market highlights: Spot gold: After reaching its highest since Dec. 12 in early trading, it was stable at $2,696.30 […]

December Inflation clouds Fed’s outlook on interest rate cuts

Gasoline prices were the main contributor to the rise in inflation in December. (iStock) According to the Consumer Price Index (CPI), the annual inflation rate rose to 2.9% in December, slightly higher than the previous month's annual inflation rate of 2.7%. Published by the Bureau of Labor Statistics (BLS). The inflation rate in December rose […]

Most Americans rate Biden as ‘failed’ or ‘fair’ president: new poll

As the White House sunsets with less than a week left until the end of President Biden's term, a new national poll shows many Americans don't think history will be kind to him. A USA Today/Suffolk University poll released Tuesday found that 44% of voters nationwide say history will judge Biden as a failed president, […]