Despite recent pro-crypto moves by the Trump administration, short-term enthusiasm for the digital asset remains uncertain.
In an address to the World Economic Forum in Switzerland, delivered via video link Thursday, President Donald Trump revisited his displeasure with the policy direction of the U.S. Federal Reserve that surfaced during his first term in spite of having appointed the leader of the monetary body.
The Federal Reserve will gather this week for its first meeting of 2025 under the looming shadow of a new US president who is already posing challenges to the central bank with his words and possible actions.
President Donald Trump on Thursday said he would press the Federal Reserve to lower interest rates “immediately,” rekindling a fight over the historically independent U.S. central bank.
The probability of the Federal Reserve keeping interest rates unchanged in January is around 97%, according to the CME FedWatch Tool ahead of the central bank's FOMC meeting this week. S&P Global Ratings Global Chief Economist Paul Gruenwald joins Catalysts anchors Seana Smith and Alexandra Canal to discuss his economic outlook.
At the World Economic Forum in Davos, industry leaders debated Bitcoin’s role as a reserve asset, the memecoin frenzy and crypto’s future amid Trump’s return to the Oval Office.
Donald Trump has now claimed that he will be demanding lower interest rates, and has brought in a challenging situation for US Federal Reserve Chair Jerome Powell. What is Trump planning next?
The World Economic Forum annual meeting ... Vice-Premier of the People's Republic of China; Federal Chancellor of Germany; Roberta Metsola, President of the European Parliament.
President Donald Trump threatened business leaders with higher tariffs, vowed to “demand” decreased oil prices from Opec and called for lower interest rates from central banks in a boast-filled address to the World Economic Forum in Davos, Switzerland.
Tuesday saw the World Economic Forum in Davos begin in earnest. Not even a star turn from David Beckham could stop AI dominating conversations.