US Federal Reserve keeps interest rates unchanged as it awaits the impacts of Trump's global tariffs
US Federal Reserve keeps interest rates unchanged as it awaits the impacts of Trump's global tariffs
Trump has slammed the US Federal Reserve Board chief Jerome Powell, calling him âstupidâ, as the federal agency holds off on interest rate changes as it anticipates economic decline in the wake of the US presidentâs global tariff policies.
READ MORE : http://www.euronews.com/2025/06/19/us-federal-reserve-keeps-interest-rates-unchanged-as-it-awaits-the-impacts-of-trumps-globa
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Israel has intensified its offensive against Iran, launching over 60 jets to strike 20 key nuclear and weapons facilities in Tehran, marking Day 7 of a rapidly escalating war. The strikes follow Iranâs missile and drone barrage targeting Israeli cities. In retaliation, Israel also targeted southern Lebanon and issued new evacuation warnings in Tehran. Reports say 639 Iranians have been killed so far. As tensions peak, Netanyahu declares, âWe rule the skies of Iran.â Meanwhile, U.S. intelligence hints at Trump planning an imminent strike on Iran by weekâs end.
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President Trump has revealed he is considering U.S. involvement in Israeli airstrikes against Iran, stating âI may do it, I may not.â Speaking from the White House, Trump claimed Iran reached out for negotiations to end the escalating conflict. While expressing frustration and saying his patience has ârun out,â he noted Iranâs request to send officials for nuclear talks. As tensions grow, Trumpâs stance has shifted from diplomacy to weighing military action. The world watches as Washington decides its next move in the volatile Middle East power struggle.
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US Supreme Court upholds Tennessee on gender affirming care for children in setback for trans rights
The decision comes as the Trump administration continues its push to regulate the lives of transgender people, including restricting access to sports competitions and dictating which public spaces they can use.
READ MORE : http://www.euronews.com/2025/06/19/us-supreme-court-upholds-tennessee-on-gender-affirming-care-for-children-in-setback-for-tr
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Credit: euronews (in English) Duration: 01:15Published
As the Iran-Israel war explodes into a global flashpoint, the hashtag âTrump the Warmongerâ is trending worldwide. Critics blame President Donald Trumpâs aggressive posturing and past decisionsâlike pulling out of the Iran nuclear dealâfor escalating tensions to the brink of World War III. With fiery rhetoric and warnings of nuclear strikes flying, many are asking: Did Trumpâs "stupidity" light the fuse for a global catastrophe?
#IranIsraelWar #IsraelAttacksIran #TrumpVsIran #MiddleEastOnEdge #IranMissileAttack #IsraelVsIran #TrumpTheWarmonger #WWIIITrending #IranIsraelConflict #TrumpBlamed #IsraelStrikesIran #DonaldTrumpNews #IranVsIsrael #WarInMiddleEast #BreakingWarNews
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In a 6â3 decision, the Supreme Court ruled that President Trump had the authority to fire Biden-appointed officials Wilcox and Harris mid-term, weakening decades-old congressional protections over independent agencies. The decisionâcriticized by Justice Kaganâallows presidents to remove executive officers without cause, but excludes the Federal Reserve. Trumpâs firings stalled the NLRB and Merit Board, halting key decisions. While the ruling marks a major shift in separation of powers, the Court says a final judgment is still pending.
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President Trump now says he has âno intentionâ of firing Federal Reserve Chair Jerome Powell, despite calling him a âmajor loserâ just days ago. Trumpâs sudden reversalâdelivered in the Oval Officeâcomes 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 Fedâs 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 âa major loserâ 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
In todayâs broadcast, Deutsche Bank has raised concerns that persistently high interest rates from the Federal Reserve could pose a serious threat to U.S. borrowers. In Los Angeles, roughly 500..
India's central bank cuts interest rates more than expected, citing muted inflation and a need to kickstart economic growth as the impact of US tariffs weighs on the country's outlook. The Reserve Bank..
The U.S.-China tariff conflict continues to escalate as China denies any plans for a phone call between President Xi Jinping and President Trump, contradicting White House claims. With trade tensions..