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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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NASA’s Artemis II launch: Argentina joins first crewed moon mission in 50 years

NASA’s Artemis II rocket is ready for its first crewed Moon mission in over 50 years, featuring Argentina’s ATENEA microsatellite.

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NASA’s Artemis II rocket is ready for its first crewed Moon mission in over 50 years, featuring Argentina’s ATENEA microsatellite.

NASA’s Artemis II rocket has arrived at Kennedy Space Center, marking the first crewed Moon mission in more than five decades.

The mission will carry a crew of four astronauts on a ten-day journey around the Moon, with a wet dress rehearsal scheduled for February 2 to test all systems.

In a historic moment for Latin America, Argentina’s ATENEA microsatellite will join the Artemis II mission as secondary cargo. Developed through a collaboration of Argentine institutions, ATENEA will collect crucial data on radiation and communications systems in space, making Argentina the only Latin American country contributing to this milestone mission.

The Artemis II mission will also validate life support and spacecraft systems ahead of Artemis III, NASA’s planned crewed lunar landing in 2027. With the SLS rocket and Orion spacecraft now on Launch Pad 39B, excitement is building for this next giant leap in space exploration.

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#ArtemisII #MoonMission #NASA #ATENEA #SpaceExploration #ArgentinaInSpace #SLSRocket #OrionSpacecraft


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Iran warns U.S. retaliation as protest death toll soars — executions feared, nationwide unrest

Iran warns of severe retaliation against U.S. strikes, amid escalating tensions and internal unrest.

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Iran warns of severe retaliation against U.S. strikes, amid escalating tensions and internal unrest.

Iran has issued a stark warning of a severe response to any U.S. military strike, with leaders stressing that military action would be treated as an act of war.

President Masoud Pezeshkian cautioned that attacks on strategic sites or leadership figures could trigger retaliation against U.S. and allied forces in the region — including potential targets in Israel and American bases. These warnings come as tensions between Tehran and Washington escalate amid sustained unrest across Iran.

The backdrop for this diplomatic brinkmanship is a bitter standoff between Tehran and the U.S., with U.S. President Donald Trump publicly debating options for intervention and criticising Iran’s leadership.

Tehran, for its part, has blamed external forces for stoking internal dissent and insists it will fiercely defend its sovereignty.

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#IranProtests #IranUSConflict #MiddleEastTensions #HumanRights #IranDeathToll #ProtestCrackdown #GlobalNews


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EU condemns Trump’s Greenland tariff threats: Trade tensions escalate

Major EU nations criticize Trump’s Greenland tariffs as “blackmail,” risking trade agreements and raising tensions across the Atlantic.

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Major EU nations criticize Trump’s Greenland tariffs as “blackmail,” risking trade agreements and raising tensions across the Atlantic.

Major EU nations are pushing back against President Trump’s tariff threats over Greenland, calling them “blackmail” and raising tensions across the Atlantic. Germany and France are reportedly considering economic countermeasures to respond to the U.S. stance.

Trade agreements with the UK and the EU could be at risk, as these threats put key negotiations in jeopardy. The European Parliament is also expected to pause discussions on the EU-U.S. trade deal, signaling a growing rift.

Meanwhile, British officials insist their position on Greenland is non-negotiable, adding complexity to an already tense situation.

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#TrumpTariffs #Greenland #EUTensions #TradeWars #USPolitics #GlobalEconomy #EUTrade #NationalSecurity


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