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Trump urges Powell to lower interest rates now

Trump urges Fed Chair Powell to cut interest rates, claiming it’s an economic mistake, during their first meeting in his second term.

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Trump urges Fed Chair Powell to cut interest rates, claiming it’s an economic mistake, during their first meeting in his second term.

In Short:
President Trump met with Federal Reserve Chair Jerome Powell, expressing concern over high interest rates affecting the U.S. economy. Powell maintained that monetary policy will depend on economic data and emphasised the Fed’s independence from political influence.

President Trump met with Federal Reserve Chair Jerome Powell, expressing his belief that Powell is making a mistake by not reducing interest rates.

The meeting was initiated by Trump, according to the Fed’s statement, but Powell did not disclose his specific views on monetary policy. He emphasised that future policy decisions would rely on economic data.

White House Press Secretary Karoline Leavitt confirmed that Trump conveyed his belief that not lowering interest rates puts the U.S. at a disadvantage compared to China and others. Trump has been critical of interest rates, suggesting last month he might attempt to dismiss Powell, but has since refrained from that action.

Remain independent

Powell, earlier this month, indicated that he does not seek meetings with presidents, maintaining that monetary policy decisions should remain independent. The Fed has been cautious about cutting rates, mindful of potential inflation risks from tariffs and the overall economic situation.

The meeting follows a recent court ruling that affected tariffs, increasing uncertainty for businesses. The Fed typically operates independently, crucial for long-term investment stability.

While recent Supreme Court decisions have given Trump more authority over other independent boards, the Federal Reserve’s structure protects its officials from arbitrary removal. Terminations can only occur for valid reasons, as interpreted by the courts.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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U.S. – India trade deal cuts tariffs and reshapes global energy flows

US cuts tariffs on Indian goods to 18%; India reduces Russian oil imports and enhances US energy purchases.

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US cuts tariffs on Indian goods to 18%; India reduces Russian oil imports and enhances US energy purchases.

The United States has reduced tariffs on Indian goods to 18 percent following a landmark trade agreement. This move comes after months of trade tensions between the two nations and is seen as a major win for India’s economy.

Under the deal, India will end its purchases of Russian oil while increasing imports of U.S. energy and other products. Prime Minister Narendra Modi praised the agreement, saying it will strengthen India’s economic growth and global trade relationships.

Following the announcement, U.S.-listed shares of major Indian companies have seen positive movement, signalling investor confidence in the trade deal.

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Iran orders nuclear talks with the U.S. as tensions rise at home and abroad

Iran seeks nuclear talks with the U.S. in Turkey, amid concerns over missiles, uranium, and domestic unrest.

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Iran seeks nuclear talks with the U.S. in Turkey, amid concerns over missiles, uranium, and domestic unrest.

Iran’s President has ordered the resumption of nuclear negotiations with the United States, with talks expected to take place in Turkey in the coming weeks.

Iran’s Foreign Ministry says regional countries will help facilitate the discussions, signalling a renewed diplomatic push after years of stalled engagement and rising tensions.

Despite the move, officials warn the talks won’t be easy, with deep disagreements still unresolved on both sides.


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Trump responds as Kristi Noem mandates body cameras for federal officers in Minneapolis

Trump advocates body cameras for police to prevent false claims; Noem mandates all federal officers in Minneapolis to wear them.

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Trump advocates body cameras for police to prevent false claims; Noem mandates all federal officers in Minneapolis to wear them.


Homeland Security Secretary Kristi Noem has ordered body cameras for all federal agents in Minneapolis following public outrage over the deaths of two U.S. citizens at the hands of immigration officers. Donald Trump says body cameras help prevent false claims against police.

The policy change comes as videos and eyewitness accounts have challenged official narratives and fuelled demands for transparency and reform.


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