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“He Should Be Ashamed”: Trump’s Escalating Fed War Reaches Fever Pitch as Election Looms

President Donald Trump intensified his campaign against Federal Reserve Chair Jerome Powell, demanding immediate interest rate cuts during a fiery rally in Michigan, while accusing the central bank of “economic treason.” The extraordinary broadside marks a dangerous new phase in political pressure on the supposedly independent institution. The Context: Yields on 10-year Treasuries surged to […]

US Dollar Strengthens as Fed Signals No Immediate Rate Cuts

The US dollar surged on Thursday after the Federal Reserve indicated it would not rush to cut interest rates, despite slowing economic growth and persistent inflation. The Fed’s decision to hold rates steady at 4.25% to 4.5% has bolstered confidence in the greenback, making it a preferred choice for investors seeking stability. Fed Chair Jerome […]