Articles
31 January 2025

Watch: Trump, the Fed, and the uneasy path ahead

The standoff between Donald Trump and the US Federal Reserve is intensifying. The Fed kept rates on hold this month, much to the US President's displeasure. Our James Knightley looks at where the battle lines lie and suggests we might not see a rate cut until June at the earliest

Trump, the Fed, and the uneasy path ahead

The US Federal Reserve kept interest rates on hold again this week but it's the relationship between it and President Donald Trump that is becoming fascinating. President Trump has been critical of the Fed and wants lower interest rates, but America's central bank wants more information and data before it acts. And that's why we don't think we'll see another US rate cut until June at the earliest.

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