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.

The Federal Reserve has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System, a global coalition of central banks engaged in the study of climate risk that was launched in 2017.

US President Donald Trump used a virtual speech at the World Economic Forum to criticize the Federal Reserve and OPEC, sparking a ripple effect through global markets. Trump demanded the Federal Reserve lower interest rates,

The major U.S. index futures are currently pointing to a roughly flat open on Friday, with stocks likely to show a lack of direction

Asian markets rose Friday after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen strengthened after a widely expected interest rate hike by

EUR/USD remains under pressure near 1.0300 in the European trading hours on Wednesday. The pair is undermined by a broadly steady US Dollar and a tepid risk sentiment ahead of the US CPI inflation data release. Dovish ECB commentary also remain a weight on the pair.

In President Trump’s first week in office, he issued a blitz of executive orders, but perhaps his most ambitious statement to date is his claim yesterday that he would order the Federal Reserve to cut interest rates.

Markets rose Friday after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen strengthened after a widely expected interest rate hike by the

U.S. President Donald Trump said he would ask Saudi Arabia and other OPEC nations to 'bring down the cost of oil'.

Trump's words are moving mountains—and markets. The S&P 500 surged to an all-time high of 6,118.71, breaking its previous December record of 6,090.27.

Asian stocks rose broadly on Friday after U.S. President Donald Trump said during an interview that his recent conversation with