US EditionTrump Predicts Interest Rates Will Come Down After He Announces Fed ...
Trump criticized Jerome Powell for high rates and said his chosen Fed chair will lower borrowing costs significantly, with Rick Rieder leading the frontrunner predictions at 51%.
- During a Tuesday in Iowa, Trump said he is poised to announce a new Fed chair and claimed `You'll see rates come down a lot` under his pick.
- Trump delayed announcing his nominee, which complicates Treasury Secretary Scott Bessent's Federal Reserve selection process as the nomination timeline has repeatedly shifted.
- Kalshi prediction markets show BlackRock Inc.'s Rick Rieder as frontrunner with a 51% chance and list four candidates; the iShares US Treasury Bond ETF fell 0.11% to $23.04 on Wednesday.
- Despite White House pressure, Fed officials are expected to keep rates unchanged on Wednesday after cutting three times in 2025, citing inflation above the Fed's 2% goal.
- The announcement could come as soon as this week, though Rick Rieder's political baggage and BlackRock criticism leave Scott Bessent in a precarious position amid participant doubts.
11 Articles
11 Articles
Trump has painted himself into a corner with his Fed demands: WSJ
Donald Trump has delayed announcing his Federal Reserve chair nominee, creating complications for Treasury Secretary Scott Bessent's search process.According to the Wall Street Journal reporters Nick Timiraos and Meridith McGraw, Bessent faces constraints because Trump seeks "a new chair who will pursue his demands for lower interest rates while still commanding enough credibility on Wall Street and from his colleagues to deliver them."Four cand…
Trump Says Interest Rates Will Come Down 'A Lot' Under His New Fed Chair Pick: Announcement Coming 'Pretty Soon' - BlackRock (NYSE:BLK)
President Donald Trump renewed his criticism of the Federal Reserve and Chair Jerome Powell for keeping interest rates high, while adding that rates will decline significantly under the next Chair.
Will Bitcoin Price Break Out After Trump Signals Fed Chair, Rate Cuts?
Key Insights: Trump says rates will drop drastically after he picks a new Fed chair. Bitcoin price trades near $88K as gold rallies on weak dollar sentiment. Arthur Hayes links Bitcoin breakout to Fed action on Japan bond crisis Bitcoin price is showing signs of hesitation after U.S. President Donald Trump said on Tuesday that significant interest rate cuts would follow his nomination of a new Federal Reserve chair. Trump’s comments came just b…
Trump Says Mortgage Rates Will Come Down a Lot Under New Fed Chairman
During a speech in Iowa yesterday, President Trump once again reiterated his pledge to bring down mortgage interest rates. He also noted that they were already at three-year lows, which has led to a 30% spike in mortgage applications, including a 100% rise in refinancings. Trump has been outspoken on the subject since he started… Read More »Trump Says Mortgage Rates Will Come Down a Lot Under New Fed Chairman The post Trump Says Mortgage Rates W…
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