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Fed likely to hold rates steady despite Trump call for cuts
Trump’s Tariffs Scramble Fed’s Interest Rate Calculus
Economists predict that the Trump administration’s trade policies could push up prices for consumers, making it harder for Fed officials to cut rates.
Fed likely to hold rates steady despite Trump call for cuts as it awaits tariff, immigration changes
President Trump may want lower interest rates, but the Federal Reserve will almost certainly keep its benchmark interest rate unchanged at its two-day policy meeting that ends Wednesday.
Fed holds interest rates steady, defying pressure from Trump
The announcement put the central bank on a potential collision course with Trump, though a longstanding norm of independence typically insulates the Fed from direct political interference. The decision to maintain the current level of interest rates pauses a series of three consecutive interest rate cuts imposed by the Fed over the final months of 2024.
Trump says 25% tariff on Canada and Mexico coming Saturday
Food, Gas Prices to Spike if Trump Levies 25% Tariffs on Canada and Mexico
Instead, Trump told reporters he would narrow his focus on Canada and Mexico and pledged to impose 25% tariffs on both neighboring countries as soon as Feb. 1, 2025. The threat of said tariffs would be levied in retaliation for allowing illicit drugs and migrants to cross the border.
Trump says tariffs on Canada and Mexico coming Saturday
We don’t need the products that they have. We have all the oil that you need. We have all the trees you need,” he said.
Is Saturday D-Day for Trump’s Tariffs?
At his press conference following the Federal Reserve’s meeting this week, Chairman Jerome Powell hedged when discussing what effect President Donald Trump’s proposed import tariffs could have on the economy and interest rates.
Bank of Canada cuts rates to 3%, drops guidance
Bank of Canada cuts rates, says tariffs could stoke persistent inflation
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and said it was concerned that U.S. tariffs could stoke persistently high inflation. U.S. President Donald Trump is promising to impose a 25% tariff on all imports from Canada on Saturday.
Bank of Canada cuts interest rate, warns it can do little to offset U.S. tariff impact
Canada's central bank lowered its interest rate by 25 basis points to three per cent on Wednesday, as the Bank of Canada governor warned there is little he can do to negate the economic impact of U.S.
Bank of Canada cuts rates to 3% as U.S. tariff threat clouds outlook
OTTAWA — The potential for U.S. tariffs is clouding the economic outlook for the Bank of Canada as it delivered another interest rate cut, reducing its policy rate by a quarter-percentage point to three per cent.
2d
Universal Tariff Rate In The Cards
Stay informed on the latest tariff developments with the daily Wall Street Breakfast podcast available on Seeking Alpha, ...
2d
on MSN
Trump just gave his clearest picture yet of what new tariffs could look like
President Donald Trump has been talking about tariffs for so long that it feels like we know exactly what’s coming. But we ...
7h
Stock Market News for Jan. 30: Dow, S&P 500, Nasdaq end higher after Trump tariff comments spark choppy trading
Thursday's coverage included more tech earnings, focus on Trump's latest on potential tariffs and more analysis around Monday ...
13h
Gold hits record high on safe-haven demand amid tariff threats
Gold prices rose to hit a lifetime high on Thursday while the focus was also on a crucial inflation report for clues on the ...
3d
Bank of Canada likely to cut rates by 25bps, give tariff impact analysis
The Bank of Canada will most likely trim its key benchmark rate by 25 basis points this week and is widely expected to offer ...
Politifact
1d
New Trump tariffs could put even more downward pressure on economy because they’re less targeted
Trump has threatened still more tariffs, proposing 25% on goods from Mexico and Canada, an additional 10% on China and 25% on ...
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