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Trump's Latest Attack on Fed Focuses on Surging Debt Costs

Mint Bangalore

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June 18, 2025

Trump Argued That 2 Percentage Points of Fed Rate Cuts Could Save $600 Billion a Year in Interest Costs

- Bloomberg

Donald Trump is putting a new spin on his months-long call for the Federal Reserve to lower interest rates: It's important for bringing down the cost of government debt.

Soon after returning to the White House for his second term, the president began pressuring Chair Jerome Powell to aid the economy as it transitioned to higher tariff levels. Now, Trump says that rate cuts are needed to address what's become one of the biggest causes of a supersized federal budget deficit.

Mint Bangalore से और कहानियाँ

Mint Bangalore

Beer makers seek relief on can norms

The domestic beer industry, which has been facing an acute shortage of aluminium cans and fearing an impact on growth trajectory, has urged the government fora ‘short-term regulatory relaxation’ in quality control norms to ensure uninterrupted supply from overseas.

time to read

1 min

October 13, 2025

Mint Bangalore

Mint Bangalore

Differences aside, Tata Trusts keen to retain Tata Sons as unlisted firm

two executives said. Mint could not ascertain if the said trustee discussed his view with others.

time to read

1 mins

October 13, 2025

Mint Bangalore

DGCA flags RAT issues, orders Air India fleet review

India’s Aviation safety regulator Directorate General of Civil Aviation (DGCA) has directed Air India to reinspect Ram Air Turbine (RAT) stowage on all aircraft where the power conditioning module (PCM) was replaced recently.

time to read

1 mins

October 13, 2025

Mint Bangalore

Mint Bangalore

Jindal's TKSE bid faces €2-3 bn pension, workforce hurdles

TKSE's European steel unit accounts for roughly half of thyssenkrupp’s pension obligations

time to read

2 mins

October 13, 2025

Mint Bangalore

Mint Bangalore

ED to close Flipkart case if it pays fine

The Enforcement Directorate (ED) is learnt to have offered the option of closing a Foreign Exchange Management Act (Fema) violation case against e-commerce major Flipkart if the Walmart group firm admits its mistake and pays a penalty, sources aware of the development said.

time to read

1 min

October 13, 2025

Mint Bangalore

ACME to invest ₹5k cr in green steel

CME Group is planning to invest ₹5,000 crore to set up a direct reduced iron (DRI) facility, according to industry sources.

time to read

1 min

October 13, 2025

Mint Bangalore

EQT scraps Zelestra India sale, to invest $600 million

lines as 02 Power, which was sold to JSW Neo Energy in December last year for an enterprise value of $1.47 billion.

time to read

1 mins

October 13, 2025

Mint Bangalore

Mint Bangalore

Afghanistan warns Pakistan after deadly border clashes

Taliban wants to resolve clashes via dialogue, but has recourse to ‘other means’

time to read

1 mins

October 13, 2025

Mint Bangalore

'FPIs, capex and earnings will drive markets up in Samvat 2082'

India is a market where exit is easy but entry is tough, says Nilesh Shah, MD of Kotak Mahindra AMC, the fifth-largest mutual fund based on quarterly assets under management (AUM) as of September-end.

time to read

4 mins

October 13, 2025

Mint Bangalore

Mint Bangalore

How GCPL’s in-house creative pivot paid off

GCPL operated with multiple agencies, fragmented briefs and inconsistent execution across geographies

time to read

4 mins

October 13, 2025

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