President Donald Trump said he would press the Federal Reserve to lower interest rates “immediately,” rekindling a fight over the historically independent U.S. central bank.

Key Takeaways President Donald Trump spoke remotely at the World Economic Forum meeting in Davos Thursday, promoting his "America First" economic agenda.Trump said he would use tariffs to push companies to make products in the U.

U.S. West Texas Intermediate crude (WTI) fell $1.01, or 1.34%, to $74.43. The broader economic implications of U.S. tariffs could further dampen global oil demand growth, said Priyanka Sachdeva, senior market analyst at brokerage Phillip Nova.

Treasury note rallied modestly on Thursday, sending its yield lower for the first time in four sessions, after President Donald Trump displayed a willingness to pressure Federal Reserve officials into cutting interest rates.

President Donald Trump on Thursday said he will call for a lowering of U.S. interest rates, exerting pressure on the Federal Reserve despite a longstanding norm of political independence at the central bank.

Donald Trump hinted at a coming clash with Federal Reserve Chair Jerome Powell and other central bankers as he spoke virtually before the World Economic Forum, saying he would 'demand' lower interest rates.

WASHINGTON - President Donald Trump said on Thursday that the "Golden Age" of America had begun and that it was "back and open for business" while addressing business and political leaders gathered at the World Economic Forum’s annual meeting in Davos, Switzerland.

Trump said that his administration has made "progress" in the Middle East, touting the ceasefire and hostage deal between Israel and Hamas that came together just days before Trump took office. Trump took full credit for the deal, which had been negotiated by former President Joe Biden and his team.

In Davos, U.S. President Donald Trump urged immediate interest rate cuts, emphasizing global alignment. As the Fed prepared for its first meeting under Trump's administration, uncertainties around policy and potential economic impacts loomed large,

The World Economic Forum, colloquially called "Davos" after the location at which it's hosted in the Swiss mountains, is a yearly meeting of elites.

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Bitcoin, memecoins and the future of the cryptocurrency industry sparked intense debate at the 2025 edition of the World Economic Forum in Davos, Switzerland, as US President Donald Trump marked his return to the Oval Office.