Tag: fed

U.S. Federal Reserve Cuts Interest Rates Despite Rising Inflation
It’s still uncertain how Donald Trump’s additional tariffs would impact inflation, Powell said. On Wednesday, the U.S. Federal Reserve cut interest rates a quarter point in a widely-anticipated move. However, the central bank indicated there would be fewer cuts next year, as it braces for uncertainty stemming from the incoming Donald Trump administration’s policies. RELATED: […]
December 19, 2024

Trump Blames Kamala for Stock Market Crash
Wall Street plummeted with drops of over 1,000 points in the Dow Jones Industrial Average and the Nasdaq. Taking advantage of the stock market crash on Monday, Republican candidate Donald Trump said that the markets are rejecting the candidacy of Vice President Kamala Harris. RELATED: Kamala Harris Wins Enough Delegate Votes to Secure Democratic Nomination […]