Silver prices rose close to $31.00 per troy ounce on Friday during Asian trading hours. The increase followed recent comments made by President Donald Trump at the World Economic Forum in Davos, Switzerland.
President Donald Trump took a combative tone at times as he spoke remotely Thursday to an international audience of business leaders, politicians and other elites at the World Economic Forum’s annual event in Davos,
In virtual remarks to the annual meeting of the World Economic Forum in Davos, Switzerland, President Donald Trump on Thursday spouted many false or misleading economic claims. Here’s a quick rundown.
WASHINGTON - President Donald Trump said on Thursday that the "Golden Age" of America had begun and that it was "back and open for business" while addressing business and political leaders gathered at the World Economic Forum’s annual meeting in Davos, Switzerland.
President Donald Trump on Thursday said he will call for a lowering of U.S. interest rates, exerting pressure on the Federal Reserve despite a longstanding norm of political independence at the central bank.
Guggenheim Partners' chief investment officer forecast on Monday that the U.S. Federal Reserve is likely to cut interest rates roughly every quarter in 2025, bringing the reduction to around 75 basis points or even a full percentage point this year.
President Trump said that as oil prices fall, he will demand interest rates drop, and expects them to drop around the world. Donald
DAVOS, SWITZERLAND — The Federal Reserve now needs to be on Trump watch if it wants to engineer the proper dose of monetary policy, according to Bank of America chief Brian Moynihan.
Donald Trump’s address at the World Economic Forum showcased his familiar economic rhetoric. Yet, it could be argued that his speech was marked by economic misconceptions and exaggerations, Piero Cingari writes.
President Donald Trump said Thursday he will “demand that interest rates drop immediately,” but did not mention the Federal Reserve by name. Trump told the World Economic Forum in Davos, Switzerland via a video link, “And likewise they should be dropping all over the world. Interest rates should follow us all over.”
His message for central banks to make an immediate interest rate cut signals potential pressure on the US Federal Reserve.