President Donald Trump was happy to see the Federal Reserve cut interest rates by 25 basis points this week, but wants to see further reductions in borrowing costs, White House spokeswoman Karoline Leavitt told reporters on Thursday. "I know there was a quarter-point reduction this past week, and the president was pleased to see that, but he thinks more should be done," Leavitt said. The U.S. central bank cut interest rates on Wednesday, but signaled borrowing costs are unlikely to drop further in the near term as it awaits clarity on the direction of the job market, inflation and the...
US President Donald Trump said Washington is willing to provide security assistance to Ukraine as part of a deal to end the war with Russia. He emphasized that security support is a crucial factor in resolving the conflict. However, Trump also expressed disappointment that Ukrainian President Volodymyr Zelenskiy has not readily accepted the US peace plan, increasing pressure on Kyiv, which previously rejected the proposal as too favorable to Moscow. Trump expressed "deep frustration" with the slow pace of negotiations and no longer wants to be trapped in fruitless meetings. White House...
Pasangan mata uang EUR/USD mengawali pekan ini dengan nada sedikit melemah di sesi Asia, diperdagangkan di sekitar 1,1730, turun kurang dari 0,10% dalam sehari. Meski terkoreksi, euro masih berada dekat level tertinggi sejak awal Oktober yang disentuh pada Kamis lalu, jadi tekanan jual sejauh ini masih terbatas. Dolar AS (USD) terlihat menguat pelan setelah sebelumnya tertekan ke level terendah lebih dari dua bulan. Kenaikan ini lebih mirip rebound teknikal ketimbang perubahan tren besar, karena ekspektasi pasar masih condong ke The Fed yang dovish. Bank sentral AS baru saja memangkas suku...
Treasury Secretary Scott Bessent said there will be one or two more interviews this week for the next Federal Reserve chairman, with President Donald Trump likely announcing the next chairman sometime in early January. "This is right up the president's alley," Bessent said on Fox Business on Tuesday. "He's been very, very thorough," and also "very direct with the candidates in the interviews in terms of asking for their views on Fed policy, the Fed's structure, the path forward, and the economy." Bessent also praised two candidates - National Economic Director Kevin Hassett and former Fed...
Nonfarm Payrolls (NFP) in the United States rose by 64,000 in November, according to a report from the U.S. Bureau of Labor Statistics (BLS) on Tuesday. This figure was better than market expectations of a 50,000 increase. (alg) Source: FXstreet