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Economy may slow if key rates not cut: Trump

Financial Express Chennai

|

April 22, 2025

PRESIDENT DONALD TRUMP warned the US economy may slow if the Federal Reserve does not move to immediately reduce interest rates, in his latest broadside against Fed Chair Jerome Powell.

- BLOOMBERG

Trump said in a social media post Monday that "there is virtually No Inflation," pointing to lower energy and food prices.

"But there can be a SLOWING of the economy unless Mr. Too Late, a major loser, lowers interest rates, NOW," Trump said, referring to Powell.

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INTELLIGENCE CANNOT

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IDFC First Bank repays ₹583 crore to Haryana govt

IDFC FIRST BANK on Tuesday said it has repaid ₹583 crore, including principal and interest, to relevant departments of the Haryana government following the fraud reported at one of its branches.

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Bengal SIR: SC allows judges from other states

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