The Federal Reserve will gather this week for its first meeting of 2025 under the looming shadow of a new US president who is already posing challenges to the central bank with his words and possible actions.
Trump hinted at a coming clash with Fed policymakers as he spoke virtually before the World Economic Forum last week, saying he would “demand” lower interest rates.
Trump doubled down on his comments later while talking to reporters, noting that he wants rates to come down “a lot” and that he thinks the Fed will listen to him. He said he expects to talk directly with Fed Chair Jerome Powell “at the right time.”
Source: FINANCE.YAHOO