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Trump, Federal Reserve and interest rate

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Overview
The Washington Times |
The Fed has been challenged to push headline inflation below an annual rate of 2.8% because of persistent cost pressures in the services sector.
The Boston Globe |
his administration abruptly said it would suspend these higher rates for 90 days, and instead maintain a recently-imposed 10% levy on nearly all global imports.

Read more on News Digest

Trump is pressuring the Fed to cut rates. Here’s why it probably won’t.
President Donald Trump is ratcheting up pressure on the Federal Reserve to cut interest rates, accusing Fed Chair Jerome H. Powell of “playing politics” and of acting too slowly to respond to changes in the economy.
Trump pressures the Federal Reserve president: "stop playing politics and cut interest rates"
With all this pressure, doubts, and criticism, Trump has quickly found someone to target: Federal Reserve President, Jerome Powell."This would be a PERFECT time for Fed Chairman Jerome Powell to cut Interest Rates.
Opinion
Federal Reserve faces Trump pressure amid inflation concerns
Now, Mr. Trump’s tariffs will raise prices. With consumer expectations of rising inflation, those won’t be one-off effects, as Treasury Secretary Scott Bessent argues the Fed should believe. Rather, they will become embedded in workers’ wage demands.
Trump pauses steeper tariffs for most countries, while hiking levies on China. Here’s what we know.
A number of import taxes are still in place, and with many back-and-forth tariff actions and threats, it can be tough to keep track of where things stand.
Why did Donald Trump U-turn on tariffs?
Donald Trump famously tweeted that "trade wars are good, and easy to win". But investors "think otherwise" – and Trump has now "decided maybe investors are right", said The Wall
What to know about Trump's tariffs — the latest
President Trump sent the financial markets soaring Wednesday when he announced a 90-day pause on all 'reciprocal' tariffs, except those on China, which he boosted to a cumulative 125%. Here is a quick glance at the current tariff picture.
Trump is once again pushing for a rate cut. FOMC members are building a credibility barricade around Jerome Powell
Jerome Powell, Tom Barkin, Jeff Schmid and Lorie Logan have said they'll wait for data before axing the interest rate—not what President Trump wants.
El Mundo on MSN1d
Trump bows to market pressure: raises China tariffs to 125%, limits rest of the world to 10%, and announces a 90-day pause
He postpones the so-called "reciprocal" tariffs for three months after a surge in the 10-year bond yield, greeted by a 7% market rebound. A significant drop in the stock markets causes uncertainty, major losses for investors and savers,
Trump U-turn after bond market chaos: US President caves in to pressure as he announces 90-day pause on tariffs
Trump's U-turn sent Wall Street stocks surging, with the Dow Jones up 6.8%, the S&P 500 rising 9% and tech-focused Nasdaq climbing 11.5%.
Donald Trump shares video claiming he’s ‘purposefully crashing the market’—but then insists ‘he doesn’t want anything to go down’
Speculation has increased that President Trump may be deliberately slowing the economy through tariff policies and market disruption in order to pressure the Federal Reserve into lowering interest rates,
A Severe Test Lies Ahead for the Federal Reserve
A bleak scenario is unfolding for the Federal Reserve. By imposing unexpectedly high, comprehensive tariffs on US imports, the White House is threatening a massive shock to the economy’s supply side,
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