Trump demanded that interest rates drop 'immediately.' A CD can lock in high rates while they last.
Trump said he'd require interest rates to come down. Find out how opening a CD now can help you prepare for falling interest rates.
Will the Federal Reserve respond to Donald Trump’s call on interest rates?
The Federal Reserve is not expected to cut interest rates on Wednesday but the US central bank’s policy is already under scrutiny from President Donald Trump. Investors overwhelmingly expect the Fed to hold rates at their current level of 4.25-4.5 per cent, after three consecutive cuts since September.
Gold surges to near-record high as Trump calls for lower interest rates
Gold prices rose nearly 1% on Friday, lingering near record high levels scaled in October, steered by U.S. President Donald Trump's calls to lower interest rates and uncertainty surrounding his trade policies.
Trump says he will 'demand' that interest rates come down, but it won't be that simple
President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep
Gold Steady, Underpinned by Trump’s Call for Lower U.S. Interest Rates
Gold was steady in the early Asian session, underpinned by U.S. President Trump’s call for lower interest rates that would bolster the allure of the non-interest-bearing precious metal.
Trump demands Fed cut rates, claims better monetary policy understanding
U.S. President Donald Trump on Thursday said he wants the Federal Reserve to cut interest rates at a time the central bank has hit pause for an uncertain duration, arguing he understands monetary policy better than those charged with setting it.
Trump pressures Federal Reserve to lower interest rates
President Donald Trump on Thursday said he would press the Federal Reserve to lower interest rates “immediately,” rekindling a fight over the historically independent U.S. central bank.
Donald Trump piles pressure on Federal Reserve chair Jay Powell to cut interest rates
Donald Trump has raised the pressure on Federal Reserve chair Jay Powell to cut borrowing costs, setting up a potential clash between the two men less than a week before the US central bank meets to set interest rates.
How will CD interest rates be impacted by the January Fed meeting?
Could CD interest rates decline again this month? Here's what savers should consider before the January Fed meeting.
The Federal Reserve is likely to hold interest rates steady next week. Here's what that means for your money
The Fed is unlikely to cut interest rates again when it meets next week, delaying any relief from high borrowing costs.
3 times it's smart to keep money in checking accounts, even with high savings rates
High-yield savings accounts still offer high rates when compared to historic interest rates. Find out when it's still better ...
Japan raises interest rates to highest level in 17 years
The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis, underscoring its ...
Charting the Global Economy: Bank of Japan Raises Interest Rates
The Bank of Japan raised its key policy rate to the highest level since 2008 and took a more bullish view on the strength of ...
Trump tells Davos ‘America is open for business’ with plan for interest rate and tax cuts
WASHINGTON — President Trump said Thursday that he wants interest rates to “drop immediately” — saying he plans to “demand” reductions alongside an anticipated dip in global oil prices.
High Interest Rates Are Hammering Investors. What Lies Ahead Could Be Worse.
Rising rates would be bad news for bondholders and borrowers of all stripes, particularly the U.S. government. They cast a ...
Big banks hiked interest rates on borrowers but not for savers, senators say
As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.
Donald Trump promised to tackle cost-of-living crisis—now he’s risking inflation by demanding interest rates drop ‘immediately’
Progress reducing the rise in consumer prices has stalled, with recent data coming in hotter than expected. By pressuring the ...