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19.11.25 - 20:30
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Fed Minutes Reveal Mixed Views About December Rate Cut (RTTNews)
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The Federal Reserve released the minutes of its latest monetary policy meeting on Wednesday, revealing officials had mixed views about the outlook for interest rates. The minutes of the Fed's October 28-29 meeting said participants expressed "strongly differing views" about what policy decision would most likely be appropriate at the central bank's next meeting on December 9-10....
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19.11.25 - 20:24
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Fed Minutes Show ′Many′ Saw December Cut as Likely Not Appropriate (Bloomberg)
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“Many participants suggested that, under their economic outlooks, it would likely be appropriate to keep the target range unchanged for the rest of the year,” the minutes of the Federal Open Market Committee's October 28-29 meeting said. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)...
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19.11.25 - 20:06
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Trump on Powell: ′I′d Love to Fire His Ass′ (Bloomberg)
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President Donald Trump says Federal Reserve Chair Jerome Powell is "grossly incompetent" and that he'd "love to fire his ass." Trump says Powell deserves to be sued for his handling of a costly renovation of the central bank's campus.
Trump also joked that Treasury Secretary Scott Bessent should be fired if he can't get interest rates lower. “The only thing Scott's blowing it on is the Fed,” Trump said Wednesday at a US-Saudi investment event in Washington. “Rates are too high, Scott, and if you don't get it fixed fast, I'm going to fire your ass. Okay?” (Source: Bloomberg)...
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