News list for " Trump administration"
This shows that the Trump administration is pursuing a very different policy on the Middle East from the previous administration. Trump's willingness to provide heavy weapons shows that he is ready to give Israel more freedom in the fight against Hamas. Click to view...
The Trump administration recently proposed the creation of a US sovereign wealth fund (SWF) by 2026, and hinted that TikTok could be a potential investment target for the fund. The proposal has attracted widespread attention against a backdrop of challenging US economies and high fiscal deficits. While the idea may seem appealing, analysts warn that without clear planning and governance mechanisms, the fund could do more harm than good to markets and the economy.
Given the current state of the economy and the Trump administration's intentions, the Fed's top priority may be to slow down. Click to view...
The Trump administration's focus on lowering borrowing costs is on the 10-year Treasury yield rather than the Federal Reserve's benchmark short-term interest rate, Treasury Secretary Vincent Bescent said. "He and I are focused on the 10-year Treasury," Mr. Bescent told Fox Business when asked if President Donald Trump wanted to lower rates. "He's not calling for...
The Trump administration's aggressive tariff policies could lead to further inflation, but economic models suggest it will be a one-off increase in the price level rather than a long-term inflationary spiral. That could convince the Fed to be more patient in dealing with tariff-induced inflation, especially as the labor market continues to slow, said Jay Bryson, an economist at Wells Fargo. His view supports Wells Fargo's benchmark forecast that the Fed will cut interest rates three more times t...
Goldman Sachs Group said Asian central banks would proceed cautiously with further easing given the strength of the dollar and the risk of tariffs imposed by the Trump administration. Goldman Sachs does not expect the Bank of Korea to cut interest rates further this week, according to Andrew Tilton, chief Asia-Pacific economist at Goldman Sachs. Last week, Indonesian officials have warned that the room for lowering borrowing costs has narrowed due to political developments in the United States. ...
The US Secret Service will begin protecting the immediate family of President-elect Donald Trump in the coming days as the Biden and Trump administrations go through a transition period in the coming months, according to a law enforcement official. Mr. Trump's near-assassination in Butler, Pennsylvania, this summer and a second alleged assassination attempt against him in Florida in September prompted the Secret Service to step up its efforts to protect him. Agents have been pulled from investig...
