Trump calls Fed's Powell a 'fool' after central bank holds interest rates steady
Thursday, 8 May 2025 () The Federal Reserve kept interest rates unchanged at its latest meeting this week, leaving the benchmark federal funds rate at a range of 4.25% to 4.5%.
The Bank of England has cut interest rates from 4.5% to 4.25%. Shadow chancellor Mel Stride reacted to the news, claiming Labour's policies have prevented higher cuts to interest rates. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at...
The Vatican has elected Robert Prevost as the new Pope, marking a historic moment as he becomes the first American to lead the Roman Catholic Church. In a swift reaction, former U.S. President Donald Trump shared his thoughts on the appointment, sparking interest across political and religious circles. Trump's reaction reflects the growing intersection of global religion and politics. As Pope Leo XIV, Prevost's tenure begins under the spotlight. Watch how Trump welcomed the American cardinal’s rise to the Vatican's highest office in this special video report.
#DonaldTrump #PopeLeoXIV #RobertPrevost #NewPope #VaticanCity #AmericanPope #TrumpOnPope #TrumpReaction #PopeElection #CatholicChurch #VaticanNews #HistoricMoment #PopeFromUSA #ChurchAndPolitics #PopePrevost #PopeFrancisSuccessor #Christianity #BreakingNews #ReligiousLeadership #TrumpComments
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A "fantastic, historic day" — but is this trade deal really as good as it sounds? President Trump and Prime Minister Keir Starmer hail their new agreement, but there's more to this deal than meets the eye. This isn’t a full trade deal — it focuses on specific sectors like cars, steel, and agriculture.
Trump’s tariff reductions on UK exports, especially on cars and steel, might seem like a win, but the devil is in the details. With the 10% export tariff still in place for many UK goods, is this a victory for Britain or a compromise hidden behind the headlines?
Is this really the breakthrough the UK has been waiting for, or just a strategic move by Trump to secure better deals from other nations? Watch as we break down the key points and potential long-term consequences of this deal.
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UK and US secure trade deal with changes for auto and agricultural goods
Donald Trump and Keir Starmer emphasised the strong relationship between their two countries, bonded by shared values, culture and a common language.
READ MORE : http://www.euronews.com/2025/05/08/uk-and-us-secure-trade-deal-with-changes-for-auto-and-agricultural-goods
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Credit: euronews (in English) Duration: 01:50Published
Pope Leo XIV, formerly Robert Prevost, has sparked waves with his limited but telling 2025 social media posts. Before his election, he subtly criticized Vice President JD Vance, reposted content calling out Donald Trump's stance on immigration, and expressed support for Pope Francis' health. His posts reflect a compassionate stance on immigration, Dreamers, gun reform, and climate action-drawing cheers from liberals and concern from right-wing commentators. Though not prolific online, these posts provide a glimpse into the political leanings of the first American pope and what his leadership could signal for the global Church.
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President Trump now says he has “no intention” of firing Federal Reserve Chair Jerome Powell, despite calling him a “major loser” just days ago. Trump’s sudden reversal—delivered in the Oval Office—comes after sharp criticism and market turbulence. Wall Street surged on the news, as fears of a central bank shakeup faded. Trump had previously accused Powell of failing to cut interest rates. The about-face follows internal White House talks on removing Powell, who is legally protected until 2026. Critics warned that firing him could destabilize the entire financial system.
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Investors flee US assets as Trump attacks Fed’s Powell and calls for rate cuts
Investors continued offloading US assets as the Trump administration seeks a way to dismiss Federal Reserve Chair Jerome Powell. Trump has demanded rate cuts, referring to Powell as “a major loser” in a social media post. The US dollar weakened to a three-year low.
READ MORE : http://www.euronews.com/2025/04/22/investors-flee-us-assets-as-trump-attacks-feds-powell-and-calls-for-rate-cuts
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Credit: euronews (in English) Duration: 01:30Published
Trump has launched a fiery attack on Federal Reserve Chair Jerome Powell, calling for his immediate termination after slamming the Fed’s latest economic report as a “complete mess.” Trump accused Powell of being “too late and wrong” on interest rate policy and compared him unfavorably to the European Central Bank, which just issued its seventh rate cut in a year. The outburst follows Powell’s stark warning that Trump’s sweeping tariffs could drive the U.S. into stagflation. With Powell’s term running through 2026 and legal protections in place, Trump’s demand has ignited a constitutional debate over presidential power and the independence of America’s central bank.
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Chancellor Rachel Reeves has welcomed the cut to interest rates announced by the Bank of England. Interest rates have gone from 4.5% to 4.25%. Ms Reeves said: "We have had four interest rate cuts now..
ECB cuts rates again as Trump tariffs weigh on economic outlook
The European Central Bank cut its benchmark interest rate by a quarter point to 2.25% on Thursday as threats to growth outweigh..
Credit: euronews (in English) Duration: 01:00Published
America is currently facing an interest rate standoff between the Federal Reserve and Donald Trump, a situation that could hurt both the economy and everyday Americans. With Trump pushing hard for..
The Federal Reserve is expected to hold interest rates steady, despite pressure from Donald Trump for a cut. Uncertainty surrounding the economic impact of... IndiaTimes
The US Federal Reserve faced a tough call on interest rates amidst President Trump's tariffs. With inflation slightly above the 2% target and economic growth... IndiaTimes
Federal Reserve Chair Jerome Powell expressed concerns about President Trump's tariff policies, highlighting the potential conflict between maintaining low... IndiaTimes