Fed, Donald Trump
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Cryptopolitan on MSNTrump demands historic rate cut as inflation threat loomsThe US stock market just blew past every record in history, as the capitalization-to-GDP ratio hit 208% this week, jumping nearly 43 percentage points since April. That crushes the previous high of 206% from February and more than doubles the ratio from nine years ago.
The Trump administration is investigating Fed Chair Powell's testimony about the central bank's renovation project amid Trump's calls for Powell and the Fed to lower interest rates.
President Donald Trump has demanded a record-breaking 300 basis point interest rate cut and announced steep new tariffs on 16 nations.