US president is pressuring Fed to sharply lower interest rates Fed policy rate of 1% is typically a sign of economic crisis Cuts to that level could reignite inflation, raising government borrowing costs WASHINGTON, July 14 (Reuters) - U.S. President Donald Trump says the Federal Reserve should...

WASHINGTON, D.C. — In a bold economic maneuver, President Donald Trump announced today the imposition of a 25% tariff on all imported automobiles and light-duty trucks, effective immediately. Dubbed the "Liberation Day" tariffs, this new...

US president is pressuring Fed to sharply lower interest rates Fed policy rate of 1% is typically a sign of economic crisis Cuts to that level could reignite inflation, raising government borrowing costs WASHINGTON, July 14 (Reuters) - U.S. President Donald Trump says the Federal Reserve should set its benchmark interest rate at 1% to lower government borrowing costs, allowing the administration to finance the high and rising deficits expected from his spending and tax-cut bill. Trump should be careful what he wishes for. A Fed policy rate that low is not typically a sign that the U.S. is the "hottest" country in the world for investment, as Trump has said. It is usually a...

The most painful health care provisions in the new...

President Donald Trump’s disruptive trade policies are threatening to...

US Treasury reports small budget surplus for June Gross customs...

Miller wielding unprecedented power over immigration system Influence stems from...