BusinessPostCorner.com
No Result
View All Result
Sunday, July 6, 2025
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Dollar falls after Trump calls for lower interest rates

January 24, 2025
in Finance
Reading Time: 2 mins read
A A
0
Dollar falls after Trump calls for lower interest rates
ShareShareShareShareShare

Unlock the White House Watch newsletter for free

Your guide to what the 2024 US election means for Washington and the world

The dollar fell to a one-month low against a basket of currencies on Friday after US President Donald Trump called for interest rates to fall and suggested a potentially softer stance on tariffs against China.

The dollar index fell 0.7 per cent to its lowest level since mid-December, after Trump said he knew rates “much better” than the Federal Reserve and would like to see them fall “a lot”.

The euro, which has fallen sharply in recent months, jumped 0.8 per cent to $1.05 while sterling gained 0.7 per cent at $1.243.

Trump also said he would “rather not” hit China with tariffs. Investors this week have sold the dollar as Trump’s widely expected tariff announcements did not immediately materialise.

The resilience of the US central bank to pressure from the new president is a core theme for this year, fund managers say.

“The pressure is going to be huge on the Fed,” said Olivier De Larouzière, chief investment officer for global fixed income at BNP Paribas Asset Management.

There are “good reasons” for investors in the coming quarters to start to price in rate rises for 2026, he added, and so the market will be “closely monitoring” the Fed’s communications over the coming months to see whether the Trump rhetoric is stopping that tightening bias coming through.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Record jump in number of businesses in financial distress

Next Post

New fires erupt in Southern California as progress is made on huge fire north of Los Angeles

Next Post
New fires erupt in Southern California as progress is made on huge fire north of Los Angeles

New fires erupt in Southern California as progress is made on huge fire north of Los Angeles

Welfare concessions to be set out before key vote

Welfare concessions to be set out before key vote

June 30, 2025
Crypto Traders on Alert as Sweden Expands Law to Seize Digital Assets

Crypto Traders on Alert as Sweden Expands Law to Seize Digital Assets

July 5, 2025
U.S. trade talks resume after Canada rescinds tech tax in ‘clear victory’ for Trump

U.S. trade talks resume after Canada rescinds tech tax in ‘clear victory’ for Trump

June 30, 2025
An expert’s call to action for HR pros

An expert’s call to action for HR pros

July 1, 2025
17 marketing job descriptions for hiring managers to attract ideal candidates

17 marketing job descriptions for hiring managers to attract ideal candidates

June 30, 2025
Bumpy political road for muni bond investors

Bumpy political road for muni bond investors

June 30, 2025
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Lifetime ISAs: Why they divide opinion

Lifetime ISAs: Why they divide opinion

July 5, 2025
Israel to join ceasefire talks despite ‘unacceptable’ response from Hamas

Israel to join ceasefire talks despite ‘unacceptable’ response from Hamas

July 5, 2025

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!