Tag Archives: US GDP contraction

Trump credits economic strength to his policies, calls Fed chair Powell ‘A total stiff’ – Times of India

May 4, 2025 0

Trump credits economic strength to his policies, calls Fed chair Powell ‘A total stiff’ – Times of India

Donald Trump and Jerome Powell US President Donald Trump is taking credit for any signs of economic strength in the US while blaming President Joe Biden for recent weaknesses, including the first-quarter contraction in GDP. In a wide-ranging interview on NBC News’ “Meet the Press,” Trump also lobbed fresh criticism at Federal Reserve Chair Jerome Powell, whom he described as …

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Will US GDP contraction prompt US Fed to cut rates? Here’s what to expect – Times of India

April 30, 2025 0

Will US GDP contraction prompt US Fed to cut rates? Here’s what to expect – Times of India

With the US economy shrinking unexpectedly during the first quarter of 2025, anticipations that the Fed will gradually introduce rate cuts are high.Federal reserve policymakers, however, are unlikely to read too much into the first-quarter GDP decline, though traders believe clearer signs of economic weakness by June could prompt the central bank to start cutting interest rates again, potentially lowering …

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