
Trump teases Fed Chair decision soon, slams Powell again for delaying rate cuts
President Donald Trump has signaled that a decision on the next Federal Reserve Chair will be announced soon. Speaking aboard Air Force One, Trump reiterated his demand for steep interest rate cuts and criticized current Fed Chair Jerome Powell for being too slow. This comes just a week after the two met face-to-face, where Trump reportedly told Powell he was 'making a mistake' by not lowering rates. Trump now wants the Fed to slash rates by a full percentage point.#Trump #FederalReserve #InterestRates #JeromePowell #FedChair #TrumpEconomy #MonetaryPolicy #USPolitics #RateCut #AirForceOne► Subscribe to The Economic Times for the latest video updates. It's free! - https://www.youtube.com/TheEconomicTimes?sub_confirmation=1► More Videos @ ETTV - https://economictimes.indiatimes.com/TV► https://EconomicTimes.com► For business news on the go, download ET app:https://etapp.onelink.me/tOvY/EconomicTimesAppFollow ET on:► Facebook - https://www.facebook.com/EconomicTimes ► Twitter - https://www.twitter.com/economictimes► LinkedIn - https://www.linkedin.com/company/economictimes► Instagram - https://www.instagram.com/the_economic_times► Flipboard - https://flipboard.com/@economictimes#news #latestnews #economictimes #ET #TheEconomicTimes #businessnews
Show more
Show less
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Mint
40 minutes ago
- Mint
Donald Trump makes ‘epic' entrance at Ultimate Fighting Championship fight, netizens quip, ‘MAN MYTH LEGEND!'
US President Donald Trump made an 'epic' entrance at the Ultimate Fighting Championship fight card on Saturday in New Jersey. Since his second election win, he has attended two previous UFC mixed martial arts fight cards with his now-estranged friend Elon Musk. The crowd was thrilled by Trump's entrance and could be heard cheering him on as he walked down the iconic UFC tunnel. Netizens were also impressed by his entrance with Dana White, CEO and President of the UFC, and said Trump is the 'MAN MYTH LEGEND!' 'President Trump makes an EPIC entrance with Dana White at UFC in Newark, and the crowd went WILD. What a LEGEND,' said a social media user.


Economic Times
43 minutes ago
- Economic Times
H&M quietly moving brand toward private ownership
(Catch all the US News, UK News, Canada News, International Breaking News Events, and Latest News Updates on The Economic Times.) Download The Economic Times News App to get Daily International News Updates.


Time of India
an hour ago
- Time of India
'No red lines': Al-Qaeda Yemen threatens Donald Trump, Elon Musk; uses Gaza as rallying cry
The leader of al-Qaeda's Yemen branch has issued threats against US President Donald Trump and tech billionaire Elon Musk over the ongoing Israel-Hamas war in Gaza, marking his first public appearance since taking control of the group in 2024. Tired of too many ads? go ad free now In a half-hour video released online early Saturday by al-Qaeda in the Arabian Peninsula (AQAP) supporters, Saad bin Atef al-Awlaki called for retaliatory attacks and urged lone-wolf militants to assassinate leaders in Egypt, Jordan, and Gulf Arab nations over their roles in the conflict, which he described as devastating to Palestinians in Gaza. The video featured images of Trump, Musk, US Vice President JD Vance, Secretary of State Marco Rubio, and Secretary of Defense Pete Hegseth, along with logos of Musk's companies, including Tesla. 'There are no red lines after what happened and is happening to our people in Gaza," al-Awlaki declared. "Reciprocity is legitimate.' AQAP: Once al-Qaeda's most dangerous branch Though weakened in recent years by internal divisions and US drone strikes, AQAP was long considered al-Qaeda's most dangerous branch following the 2011 killing of . The group has retained influence in Yemen and continues to advocate for global jihad. 'Trump Must Bleed': Al-Qaeda Leader's Terrifying Message, Issues Death Treat In New Video Al-Awlaki, who has a $6 million US bounty on his head, is accused by Washington of inciting attacks against the US and its allies. He succeeded former leader Khalid al-Batarfi, whose death AQAP confirmed in 2024. Gaza conflict draws in regional militants AQAP's threats come as Yemen's Houthi rebels, backed by Iran, have also drawn global attention for launching missiles at Israel and attacking ships in the Red Sea, prompting a heavy US naval response. The Pentagon has described the ongoing conflict with the Houthis as the most intense combat since World War II. Though the Houthis and AQAP have historically been at odds, the Shiite Houthis and Sunni AQAP fought bitterly in Yemen's civil war, AQAP's attacks on Houthi targets have decreased in recent years, while the group continues to strike forces from the Saudi-led coalition. Tired of too many ads? go ad free now UN estimates suggest AQAP retains a network of 3,000 to 4,000 active fighters and supporters. The group funds its operations through bank robberies, smuggling, counterfeiting, and ransom activities. As the Houthis gain popularity across the Arab world for confronting Israel, experts believe al-Awlaki is using the Gaza war to reclaim AQAP's relevance. 'For a national security and foreign policy community increasingly disengaged from Yemen, this video is a clear reminder: Yemen still matters,' said Mohammed al-Basha of the Basha Report. 'As the Houthis gain popularity as leaders of the Arab and Muslim world's 'resistance' against Israel, al-Awlaki seeks to challenge their dominance by presenting himself as equally concerned about the situation in Gaza,' he added.