U.S. President Donald Trump expressed frustration with Federal Reserve Chair Jerome Powell, stating on Thursday that Powell's termination "cannot come fast enough."
Trump took to his social media platform, Truth Social, to reiterate his demand for the U.S. central bank to reduce interest rates, emphasizing that Powell had missed opportunities to cut rates sooner.
Trump's post criticized Powell for not lowering interest rates in line with the European Central Bank, suggesting that the Fed should have taken more aggressive action earlier but urging immediate cuts now. The Fed's benchmark interest rate currently stands at 4.25%-4.50%, unchanged since December after several reductions late last year.
Trump's comments came a day after Powell addressed an event at the Economic Club of Chicago, where he reaffirmed the Federal Reserve's independence and explained its cautious approach to market volatility. Powell stated that the recent market fluctuations were a natural response to the Trump administration's shifting trade policies, rather than a crisis requiring immediate intervention.
Trump, however, dismissed Powell's remarks, calling them "another, and typical, complete mess!" and continued to criticize the Fed for being "too late and wrong" in its decisions. Despite these ongoing tensions, Powell's position at the Fed remains secure for now, though Trump’s comments underline his ongoing displeasure with the central bank’s policies.
Qatar has denied reports of gifting a luxury jet to President Trump for use as Air Force One, stating the matter is still under legal review with no final decision made.
President Volodymyr Zelenskyy said Sunday he is prepared to meet President Vladimir Putin in Istanbul on Thursday, provided a full ceasefire begins on Monday, after U.S. President Donald Trump urged immediate talks.
President Donald Trump on Sunday pressed Ukraine to accept Russia’s offer of direct negotiations in Istanbul, arguing an immediate meeting would show whether a ceasefire is possible and guide Western allies’ next steps.
The United States and China have entered the second day of high-stakes tariff negotiations in Geneva, with no significant breakthroughs yet, but U.S. President Donald Trump is optimistic about progress.
U.S. President Donald Trump’s visit to Riyadh on Tuesday highlights efforts to strengthen economic ties with Saudi Arabia amidst paused normalization talks with Israel due to the ongoing Gaza conflict.
From May 13–24, the 78th Cannes Film Festival brings together veteran auteurs like Wes Anderson and breakout talents such as Ari Aster, alongside Hollywood heavyweights—from Tom Cruise to Emma Stone—on a red carpet primed for glamour and cinematic competition.
Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan has arrived in Kazakhstan for an official visit, paving the way for stronger bilateral relations.
Eurovision hopefuls hit the turquoise carpet in Basel as Switzerland hosts the song contest for the first time since 1989—setting the stage for a week of music, unity, and glitter.
Qatar has denied reports of gifting a luxury jet to President Trump for use as Air Force One, stating the matter is still under legal review with no final decision made.
Hamas has released a hostage, identified as Alexander, in what it described as a goodwill gesture toward U.S. President Donald Trump. The confirmation came late Sunday from Trump’s envoy Steve Witkoff in a message to the Associated Press.
India has fired a series of missiles into Pakistani-controlled territory, in what it has described as “Operation Sindoor”
For the first time in history, an American has been chosen to lead the Catholic Church, as Cardinal Robert Prevost is named pope.
A Rafale fighter jet operated by the Indian Air Force has reportedly been shot down for the first time in combat, according to sources cited by CNN, marking a significant and symbolic development in the ongoing escalation between India and Pakistan.
Pope Leo XIV made a surprise visit to the Basilica of Our Lady of Good Counsel in Genazzano. AnewZ covered the event, with journalist Maria Rodriguez Abalde on-site. She witnessed the occasion firsthand and documented key moments. More images and footage will be available soon.
President Donald Trump is set to begin his Middle East tour, visiting Saudi Arabia, Qatar, and the UAE. The trip aims to boost trade and investment, with a focus on energy, defense, and technology deals, including a $1 trillion commitment from Saudi Arabia.
From May 13–24, the 78th Cannes Film Festival brings together veteran auteurs like Wes Anderson and breakout talents such as Ari Aster, alongside Hollywood heavyweights—from Tom Cruise to Emma Stone—on a red carpet primed for glamour and cinematic competition.
Qatar has denied reports of gifting a luxury jet to President Trump for use as Air Force One, stating the matter is still under legal review with no final decision made.
Hamas has released a hostage, identified as Alexander, in what it described as a goodwill gesture toward U.S. President Donald Trump. The confirmation came late Sunday from Trump’s envoy Steve Witkoff in a message to the Associated Press.
U.S. and Chinese officials reported "substantial progress" in tariff negotiations held in Geneva, though specific details remain scarce. A joint statement is expected to be released on Monday.
From May 13–24, the 78th Cannes Film Festival brings together veteran auteurs like Wes Anderson and breakout talents such as Ari Aster, alongside Hollywood heavyweights—from Tom Cruise to Emma Stone—on a red carpet primed for glamour and cinematic competition.
Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan has arrived in Kazakhstan for an official visit, paving the way for stronger bilateral relations.
Eurovision hopefuls hit the turquoise carpet in Basel as Switzerland hosts the song contest for the first time since 1989—setting the stage for a week of music, unity, and glitter.
Qatar has denied reports of gifting a luxury jet to President Trump for use as Air Force One, stating the matter is still under legal review with no final decision made.
Hamas has released a hostage, identified as Alexander, in what it described as a goodwill gesture toward U.S. President Donald Trump. The confirmation came late Sunday from Trump’s envoy Steve Witkoff in a message to the Associated Press.
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