US Fed policy outlook: Fed chair Jerome Powell says central bank must remain ‘non-political’ as Donald Trump pressure mounts, rate cut still not ruled out
Tuesday, 1 July 2025 () Jerome Powell highlights the importance of the Federal Reserve's independence. This comes as Donald Trump pushes for interest rate cuts. Powell says the Fed is focused on economic stability for everyone. The Fed is holding rates steady due to trade policy uncertainty. Inflation may rise this summer. A rate cut in July is not off the table.
U.S. President Donald Trump has warned that New York City could lose over $100 million in federal funding if Democratic Socialist Zohran Mamdani becomes mayor. In a fiery Fox News interview, Trump labeled Mamdani a “pure communist” and said his election would be “inconceivable.”
Mamdani, a...
A major political crisis is unfolding within the Republican party as former President Donald Trump lashes out at House Republicans for blocking what he calls his "big beautiful bill." The proposed..
In a stunning foreign policy pivot, Donald Trump lifts decades-old U.S. sanctions on Syria following the fall of Bashar al-Assad. Backing the new regime under Ahmed al-Sharaa—an ex-Al-Nusra..
US President Donald Trump has said he is cutting off trade talks with Canada "immediately" as the country looks to start enforcing a tax policy targeting big tech companies.
President Trump has intensified speculation about Federal Reserve leadership, calling Chair Jerome Powell "terrible" and indicating he's considering... IndiaTimes
Tuesday, 1 July 2025 ()
![Breaking: Trump Declares War On GOP Over Blocked Tax Cuts, MAGA Furious | Oneindia News [Video]](https://video.newsserve.net/300/v/20250703/1415383396-Breaking-Trump-Declares-War-On-GOP-Over-Blocked.jpg)
![Trump Tightens Syria Embrace LIFTS All Sanctions | ‘New Syria’ under Ex-Al Qaeda Operative Al-Sharaa [Video]](https://video.newsserve.net/300/v/20250701/1415209486-Trump-Tightens-Syria-Embrace-LIFTS-All-Sanctions.jpg)
![Donald Trump says he is cutting off trade talks with Canada [Video]](https://video.newsserve.net/300/v/20250701/1751333731-Donald-Trump-says-he-is-cutting-off-trade.jpg)
