Connect with us

Business

Trump Accuses Fed of Keeping Rates High for ‘Political Reasons’

Published

on

The Supreme Court Tariff Ruling Is Good for Stocks, Says Wall Street Strategist

President Donald Trump used his press conference about the Supreme Court’s tariff ruling to criticize Federal Reserve Chair Jerome Powell, accusing him of keeping rates elevated for “political reasons.”

The president, discussing the national debt, told a group of reporters on Friday afternoon that Powell “likes high interest rates for political reasons,” before adding that “we’re going to have somebody very good” coming in to replace him, referring to Kevin Warsh, his nominee to replace Powell in May.

The Federal Open Market Committee voted in January to pause rate cuts after three successive quarter-point cuts, citing a stable labor market and still-elevated inflation. Warsh has publicly supported lower interest rates, arguing that productivity gains from artificial intelligence, deregulation and capital investment could allow inflation to recede without a downturn, opening space for a quicker succession of rate cuts.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

2 Firms Offer to Buy Shares in 3 Blue Owl Private Credit Funds at Big Discount

Published

on

2 Firms Offer to Buy Shares in 3 Blue Owl Private Credit Funds at Big Discount

2 Firms Offer to Buy Shares in 3 Blue Owl Private Credit Funds at Big Discount

Continue Reading

Business

Trump announces medical mission to Greenland amid strained U.S.-Denmark relations

Published

on


Trump announces medical mission to Greenland amid strained U.S.-Denmark relations

Continue Reading

Business

Australian warship transits Taiwan Strait, tracked by China’s navy

Published

on

Australian warship transits Taiwan Strait, tracked by China’s navy


Australian warship transits Taiwan Strait, tracked by China’s navy

Continue Reading

Business

US DHS to pause TSA PreCheck and Global Entry as shutdown continues, Washington Post reports

Published

on

US DHS to pause TSA PreCheck and Global Entry as shutdown continues, Washington Post reports


US DHS to pause TSA PreCheck and Global Entry as shutdown continues, Washington Post reports

Continue Reading

Business

KKR’s Top Executives Shake Off Industry Fears, Buy Up $35 Million in Stock

Published

on

KKR’s Top Executives Shake Off Industry Fears, Buy Up $35 Million in Stock

KKR’s Top Executives Shake Off Industry Fears, Buy Up $35 Million in Stock

Continue Reading

Business

Roblox Stock: Regulatory Fears Will Fade As Bookings Grow (NYSE:RBLX)

Published

on

Roblox Stock: Regulatory Fears Will Fade As Bookings Grow (NYSE:RBLX)

This article was written by

With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on Seeking Alpha since 2017. He has been quoted in many web publications and his articles are syndicated to company pages in popular trading apps like Robinhood.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of RBLX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Advertisement
Continue Reading

Business

3 key earnings reports for this week to keep the AI trade alive

Published

on


3 key earnings reports for this week to keep the AI trade alive

Continue Reading

Business

Trump says he is sending a hospital ship to Greenland

Published

on

Trump says he is sending a hospital ship to Greenland


Trump says he is sending a hospital ship to Greenland

Continue Reading

Business

Wells Fargo Hires $3.1 Billion Advisory Team From J.P. Morgan

Published

on

Wells Fargo Hires $3.1 Billion Advisory Team From J.P. Morgan

Wells Fargo Hires $3.1 Billion Advisory Team From J.P. Morgan

Continue Reading

Business

Al Gore’s Investment Firm Buys Spotify Stock, Sells These 2 Semiconductor Companies

Published

on

Al Gore’s Investment Firm Buys Spotify Stock, Sells These 2 Semiconductor Companies

Al Gore’s Investment Firm Buys Spotify Stock, Sells These 2 Semiconductor Companies

Continue Reading

Trending

Copyright © 2025