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Iran’s Parliament Speaker Mohammad Bagher Ghalibaf mocked the Federal Reserve’s rate hike on Wednesday, posting a satirical “Straits Taylor Rule,” arguing that Iran controls the main driver of inflation. ‘You Can’t 25bp a Chokepoint’ In the post on X, he said he wrote his own version of the Taylor Rule, the standard ec
President Donald Trump slammed the Federal Reserve for raising interest rates Wednesday, renewed his demand for rates at 1% or lower, and urged the Fed to cut rates quickly. Demands Rates At ‘1%, or Less “Interest Rates in the United States should be 1%, or less, because we are the Best Credit in the World, BY FAR,” Tr
Anthony Scaramucci, founder and managing partner of SkyBridge Capital, attributed the Federal Reserve’s interest rate hike on Wednesday to inflationary pressures from President Donald Trump’s policies. Rate Hike Amid Elevated Inflation The Fed unanimously raised its benchmark rate by 0.25 percentage points to 3.75%-4%,