Donald Trump: Fed 'must cut rates bigger and faster'
Thursday, August 8, 2019, 8:26 AM
US President Donald Trump on August 6 continued to hammer the Federal Reserve, demanding more stimulus to boost the economy as the 2020 elections approach. Even as stocks and bond yields worldwide fell amid concern about Trump's escalating trade war with Beijing, he accused the US central bank of being a bigger threat to the American economy than China.
Fed hike raises recession fears, global stocks slide
Friday, December 21, 2018, 8:36 AM
World equity markets continued a weeklong slide amid investor concerns after the US Federal Reserve indicated it was set on its interest rate-hiking path next-year even amid signs global economic growth is stuttering. European shares fell 0.9%, with benchmark indexes in Germany, Britain and France all hitting their lowest since late 2016. The dollar index fell 0.55%, with the euro up 0.54% to $1.1436.