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Fed chief under pressure to defy Trump with interest rate hike as soaring oil price threatens fresh inflation shock

The head of the Federal Reserve is on collision course with Donald Trump after US inflation figures piled pressure on the central bank to defy the President and hike interest rates.

Fed chief under pressure to defy Trump with interest rate hike as soaring oil price threatens fresh inflation shock

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U.S. Oil Rig Count Rises as Oil Tops $100

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, with the total rig count in the US rising to…

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