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29 Mar 2024 22:39
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  •   Home > News > Business

    Donald Trump has escalated his attack on the US Federal Reserve's interest rate increases

    Donald Trump has escalated his attack on the US Federal Reserve's interest rate increases, asserting the Fed is out of control and blaming it for this week's plunge in stock prices


    He says it's a correction and he thinks it's caused by the Federal Reserve with interest rates

    It 's the latest in a series of recent barrages the president has unleashed at the US Fed, which under his hand-picked chairman, Jerome Powell, has been gradually lifting rates as the economy has strengthened.

    © 2024 Newstalk ZB, NZCity

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     Top Stories

    RUGBY RUGBY
    The Chiefs are backing young first-five Josh Jacomb to step up in tonight's Super Rugby clash against the Crusaders in Christchurch More...


    BUSINESS BUSINESS
    New Zealand Food Safety is supporting Matakana Smokehouse in its recall of a specific batch of two of its salmon products because of the possible presence of Listeria More...



     Today's News

    Rugby League:
    NRL Good Friday: Bulldogs take on desperate Rabbitohs, Broncos renew rivalry with Cowboys 21:57

    Law and Order:
    Gisborne Police have charged three people with graffiti vandalism and have identified a fourth suspect after the city's rainbow crossing was defaced with white paint earlier this week 21:57

    Entertainment:
    Heidi Klum would've "loved" a role in 'Griselda' 21:53

    Law and Order:
    Police have left the scene of a party that erupted into a disturbance on Auckland's Princes Wharf 21:37

    Entertainment:
    Tom Schwartz "made out" with Scheana Shay 12 years ago 21:23

    Entertainment:
    Mel B vowed she would never marry again following her split from Stephen Belafonte 20:53

    Entertainment:
    Eva Mendes has branded her mum "incredible" for retaining her sense of humour during her battle with cancer 20:23

    Entertainment:
    Katie Maloney doesn't "hang out" with her 'Vanderpump Rules' co-stars 19:53

    Entertainment:
    Jessica Chastain found it "difficult" to film 'Mothers' Instinct' with her showbiz pal Anne Hathaway 19:23

    Rugby:
    The Chiefs are backing young first-five Josh Jacomb to step up in tonight's Super Rugby clash against the Crusaders in Christchurch 18:57


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