US Fed pauses rate cuts again says ‘great deal of uncertainty’ over Trump's tariffs
Thursday, 8 May 2025 () Federal Reserve Chair Jerome Powell expressed concerns about President Trump's tariff policies, highlighting the potential conflict between maintaining low inflation and maximum employment. The Fed held interest rates steady amidst uncertainty caused by trade measures, particularly tariffs on Chinese goods. Powell acknowledged the difficulty in predicting the economic impact of these policies, signaling a cautious approach to future rate adjustments.
President Trump is set to announce a major trade deal with a “highly respected” nation—confirmed by insiders to be the UK. The deal may include U.S. tariff cuts on British steel, autos, and aluminum in exchange for the UK scrapping its digital services tax. Trump teased the agreement on social...
Congresswoman Joyce Beatty erupted in a heated exchange with Treasury Secretary Scott Bessent over delays in the Harriet Tubman $20 bill, his alleged crypto ties to DOGE, and the impact of Trump-era..
Rep. Shri Thanedar has strongly backed India's military action against Pakistan, following the Pahalgam terror attack targeting Hindus. In an exclusive interview, Thanedar said India has the right to..
In a tense White House exchange, President Donald Trump bluntly dismissed Canadian Prime Minister Mark Carney’s efforts to negotiate an end to tariffs on Canadian goods. When asked if there was..
Thursday, 8 May 2025 ()
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![Trump Cold-Shoulders Carney in White House? Trump Snubs Carney, Says Tariffs on Canada Are Permanent [Video]](https://video.newsserve.net/300/v/20250506/1410063718-Trump-Cold-Shoulders-Carney-in-White-House-Trump.jpg)
