Analysis: How Trump could reignite the Fed independence fight after Warsh's rate hike
The Federal Reserve unanimously raised interest rates by a quarter point despite repeated calls from President Donald Trump for lower rates.
Analysis: How Trump could reignite the Fed independence fight after Warsh's rate hike
The Federal Reserve unanimously raised interest rates by a quarter point despite repeated calls from President Donald Trump for lower rates.
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8 reports1 sourceSimilarity 0.48
Gold price fall nearly 2% as oil surge and near-5% Treasury yields bolster Fed rate-hike expectations - Kitco AM Report teaser image
Gold price fall nearly 2% as oil surge and near-5% Treasury yields bolster Fed rate-hike expectations - Kitco AM Report teaser image Grouped from 8 articles across 1 sources.
Kitco
2 reports2 sourcesSimilarity 0.48
Trump threatens to end trade with Mexico and Europe after rate hike
US President Donald Trump had tried to pressure the Fed to lower rates, but it voted unanimously to raise them instead. Grouped from 2 articles across 2 sources.
Al Jazeera, The Straits Times
1 report1 sourceSimilarity 0.48
Trump says he told Warsh to vote for hike with the rest of Fed board: 'It's not going to matter'
President Donald Trump previously threatened to cut off trade with countries that have trade surpluses with the U.S. if the Fed doesn't cut interest rates.
CNBC
10 reports6 sourcesSimilarity 0.47
Bank of England defies Fed’s rate-hike lead, leaving rates unchanged
The Bank of England kept rates steady Thursday, even after U.K. inflation rose to 3.1% and energy costs put pressure on prices. Grouped from 10 articles across 6 sources.
ABC Australia, CNBC, Euronews +3
1 report1 sourceSimilarity 0.43
After Warsh’s strong start, how high will rates need to go?
The new Fed chair has demonstrated that he is committed to upholding central bank independence in the face of pressure
Financial Times
6 reports5 sourcesSimilarity 0.39
US interest rates raised for first time in three years
Rates were hiked in a unanimous decision despite fierce opposition from President Donald Trump, who had called for a cut. Grouped from 6 articles across 5 sources.
Al Jazeera, BBC News, DW +2