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: 2025.08.27
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Donald Trump announces he will have a "majority" on the Fed
World FX news
Breaking news
Donald Trump announces he will have a "majority" on the Fed
New
2025.08.27 05:47
2025.08.27 05:47
2025.08.27 05:47
United States (US) President Donald Trump stepped in it on Tuesday, declaring that there would soon be a majority of rate-cut voters on the Federal Reserve's (Fed) interest rate setting voting body, the Federal Open Market Committee (FOMC).
Key highlights
I have good people for Fed's Cook replacement, I have somebody in mind.
Powell gets out quickly, fortunately.
We will have a majority shortly on the Fed.
We might switch Miran to another longer-term Fed spot.
Interest rates must come down for housing costs.
I think we have to have lower interest rates.
I'd abide by the courts.
Last updated
: 2025.08.27
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2025.09.11 21:58
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AUD/USD jumps towards 0.6630 on sticky United States inflation
The AUD/USD pair changed course early in the American session on Thursday, recovering from an intraday low of 0.6590 after the release of the United States (US) August Consumer Price Index (CPI).
New
2025.09.11 22:58United Kingdom FX Today: GBP holds firm before critical GDP report
The British Pound (GBP) is trending flat against the US Dollar (USD) on Thursday, trading at 1.3535 despite a spike in volatility following the release of US inflation data.
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2025.09.11 22:53GBP/USD climbs as mixed US inflation data bolsters Fed rate cut expectations
The British Pound (GBP) gains traction against the US Dollar (USD) on Thursday, with GBP/USD reversing earlier losses as investors digested a mixed US inflation report that failed to shake expectations of a Federal Reserve (Fed) interest rate cut next week.
New
2025.09.11 22:38Lagarde speech: Trade uncertainty has diminished
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the September policy meeting and responds to questions from the press.
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2025.09.11 22:15Lagarde speech: Disinflationary process is over
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the September policy meeting and responds to questions from the press.
New
2025.09.11 22:06Lagarde speech: Stronger Euro could bring inflation down more than expected
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the September policy meeting and responds to questions from the press.
New
2025.09.11 21:58EUR/USD climbs to 1.1700 as ECB holds steady, US CPI reinforces Fed cut bets
The Euro (EUR) reverses sharply against the US Dollar (USD) on Thursday, snapping a two-day losing streak and climbing back above the 1.1700 mark as traders digest the European Central Bank (ECB) policy announcement and US inflation data.
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2025.09.11 21:51US weekly Initial Jobless Claims rise to 263K vs. 235K expected
There were 263,000 initial jobless claims in the week ending September 6, according to data published Thursday by the United States (US) Department of Labor (DOL).
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2025.09.11 21:41Silver Price Forecast: XAG/USD consolidates near $41.00 ahead of US CPI
Silver (XAG/USD) trades under mild pressure on Thursday as a firm US Dollar (USD) keeps the white metal subdued ahead of the highly anticipated US Consumer Price Index (CPI) release.
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2025.09.11 21:13JPY is underperforming on political developments - Scotiabank
The Japanese Yen (JPY) is weak, down 0.3% against the US Dollar (USD) and underperforming all of the G10 currencies into Thursday's NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
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2025.09.11 20:54Disclaimer:
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