Donald Trump vs Federal Reserve: Why a 1% Fed rate cut could backfire, fuel inflation, and rattle markets — here’s what economists say

Donald Trump’s call for the Federal Reserve to slash interest rates to 1% to ease government borrowing costs faces strong opposition. Economists warn this drastic cut risks inflaming inflation expectations, undermining the Fed’s credibility, and triggering a bond market backlash. Concerns rise over potential political interference and the erosion of trust in the Fed’s independence.

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77th Emmy Awards Nominations 2025: ‘Severance’ leads with 27 nods, followed by ‘The Penguin’ and ‘The White Lotus’

The 2025 Emmy nominations have been revealed, with *Severance* leading with 27 nods, followed by *The Penguin* and *The White Lotus*. The 77th Annual Emmy Awards ceremony, hosted by Nate Bargatze, will air on CBS and Paramount+ on September 14. The Creative Arts Emmys will precede the main event on September 6 and 7, celebrating…

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Indian economy resilient: GDP likely to grow 6.5% in FY26 despite global shocks, says EAC-PM chief S Mahendra Dev

Despite global headwinds, India’s economy is projected to grow at 6.5% in FY26, driven by domestic tailwinds like low inflation and a benign interest rate environment. Strong gross FDI inflows and rising public capex further support this outlook. The government’s infrastructure push and improving domestic demand are expected to boost private investment.

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IND vs ENG: Former England captain lashes out at Ben Stokes’ Bazballers- ‘It’s a members’ club’

Former England captain Geoffrey Boycott has criticized Ben Stokes and Brendon McCullum for their unwavering support of struggling opener Zak Crawley. Boycott expressed disbelief that the England cricket management isn’t seeking alternative options, questioning how many more opportunities Crawley will receive given his underwhelming average of 30.89 after 57 Tests.

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