Zelenskyy Touts ‘Productive Conversation’ With President-Elect Trump

The Ukrainian president said ‘we cannot yet know’ what Trump’s position toward Ukraine will be once he takes office. Ukrainian President Volodymyr Zelenskyy said he has had a “productive conversation” with President-elect Donald Trump, amid concerns Trump’s return to the White House would usher in a drop in U.S. support for Kyiv in its ongoing

Fed Cuts Interest Rates by 0.25 Percentage Point Following Trump Victory

The Federal Reserve unanimously voted to cut interest rates by 0.25 percentage point on the heels of Donald Trump’s victory in the presidential election. The Thursday decision will bring the benchmark federal-funds rate to a range between 4.5 percent and 4.75 percent, following a half-point cut in September. The central bank raised the rate to

Fed Chair Powell says he won’t resign if Trump asks him to step down

Federal Reserve Chair Jerome Powell said he won’t step down if President-elect Donald Trump, who has previously criticized Powell’s performance, asks him to resign.  Speaking at a press conference Thursday to discuss the Fed’s move today to cut its benchmark interest rate by 0.25 percentage points, Powell added that it is not permitted under the