The US Fed may face a challenging situation if October's inflation data unexpectedly exceed estimates and show stickiness.
Trump has repeatedly argued that he does not agree with Jerome Powell. Will he try to remove him from the Federal Reserve?
In recent weeks, Druckenmiller has expressed concerns about whether or not the Fed has truly won its battle with inflation.
The Federal Reserve on Thursday announced it will cut the benchmark interest rate by 25 basis points, with its second consecutive rate cut coming amid signs of cooling inflation.
RBC Royal Bank has announced it will lower its US Prime rate from 8% to 7.75%, effective December 9, following the US Federal ...
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"I'm a little worried that the Fed has declared victory too early," the billionaire investor said on a Norges Bank podcast.
The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.
The Federal Reserve cut interest rates by a quarter of a percent as inflation begins the path to stabilization.
Trump's plans for tariffs could stoke inflation and make the Fed's interest-rate decisions more complicated.