Inflation is finally supposed to show a tariff-related increase. The Fed still might cut interest rates anyway.
Where’s all the inflation from the Trump trade wars? So far, the evidence really hasn’t shown up — but many economists say it’s coming soon, perhaps as soon as next week.
Fannie Mae chairman ‘encouraged’ by chatter Powell may consider quitting amid Trump tiff
Bill Pulte, who oversees Fannie Mae and Freddie Mac, applauded chatter stating Federal Reserve chair Jerome Powell would soon depart from his position. “I’m encouraged by reports that Jerome ...
Federal Reserve quietly responds to Trump administration attacks over renovation
The central bank is quietly pushing back with a new "Frequently Asked Questions" page on its website defending the central bank's renovation.
Navarro touts ‘Trumpnomics’ in rant against Powell, Federal Reserve
White House senior trade adviser Peter Navarro touted “Trumpnomics” in a recent interview during a rant against Jerome Powell, slamming the Federal Reserve chair as a “pure partisan” actor who, in ...
FEMA Needs To Be Reformed': Vought talks Federal Spending, Jerome Powell | TRENDING
Russell Vought, President Trump's top budget adviser, took questions Friday morning as the White House ramps up pressure on the Federal Reserve to lower rates. Vought said Federal Reserve Chairman ...
FEMA Needs To Be Reformed': Vought talks Federal Spending, Jerome Powell | TRENDING
Russell Vought, President Trump's top budget adviser, took questions Friday morning as the White House ramps up pressure on the Federal Reserve to lower rates. Vought said Federal Reserve Chairman ...
FEMA Needs To Be Reformed': Vought talks Federal Spending, Jerome Powell | TRENDING
Russell Vought, President Trump's top budget adviser, took questions Friday morning as the White House ramps up pressure on the Federal Reserve to lower rates. Vought said Federal Reserve Chairman ...
FEMA Needs To Be Reformed': Vought talks Federal Spending, Jerome Powell | TRENDING
Russell Vought, President Trump's top budget adviser, took questions Friday morning as the White House ramps up pressure on the Federal Reserve to lower rates. Vought said Federal Reserve Chairman ...
Three reasons the Fed will stand pat on interest rates
Policy is rightly locked on hold over the near-term in part because the uncertainty surrounding the Trump administration’s tariff regime remains unusually high.
White House Seizes on Fed Renovations as Opening to Oust Powell
A dispute over the Federal Reserve’s renovation of its headquarters could provide the pretext to attempt the removal of Fed chief Jerome Powell over interest-rate disagreements.
JPMorgan CEO Dimon says markets under-pricing risk of higher US interest rates
JPMorgan Chase CEO Jamie Dimon said on Thursday he thought the market was underestimating the possibility of U.S. interest rates climbing higher, a possibility he described as a "cause for concern".
Egypt's central bank keeps key interest rates unchanged
Egypt's central bank kept key interest rates unchanged on Thursday, it said in a statement, pausing a trend of rate reductions despite inflation rates easing.
Fed's Waller sees some ways to go in shrinking central bank's holdings
Federal Reserve Governor Christopher Waller said on Thursday the U.S. central bank still has some ways to go in shrinking the size of its holdings, in comments that offer a potential resting size for ...
Fed's balance sheet drawdown likely can continue for some time, Waller says
Federal Reserve Governor Christopher Waller said on Thursday the U.S. central bank still has some ways to go in shrinking the size of its holdings, in comments that offer a potential resting size for ...
White House accuses Powell of mismanaging the Fed, citing renovation
White House budget chief Russ Vought on Thursday accused Federal Reserve chair Jerome Powell of mismanaging the central bank’s budget during renovations, adding to President Trump’s criticism of ...
Mortgage Rates Today, July 9, 2025: 30-Year Rates Drop to 6.72%
Current mortgage rates are down, but higher than they were seven days ago and in early 2025, when the average 30-year fixed-rate mortgage reached above 7%. Even though Federal Reserve policy doesn’t ...
White House Suggests Jerome Powell May Have Broken Law Amid Trump Rift
The White House accuses the Fed chair of potentially "violating the law" in his renovation of the central bank's Washington, D.C., headquarters.
How did investors get the RBA’s interest rate call so wrong?
The central bank has of late blown-up so many of its media voice pieces – wording them up only to change its mind – that traders have stopped paying attention.
Today’s Refinance Rates July 11, 2025: Rates Up to 6.77%
Discover today's competitive refinance interest rates. Stay informed with expert insights on the latest trends, tips, and market analysis. Find the best refinancing options tailored to your needs. Don ...
Why Isn't the Fed Cutting Interest Rates? What To Know
Why Is There Pressure for a Rate Cut? "American people want to borrow money cheaply, and they should be able to do that, but unfortunately, we have interest rates that are still too high," White House ...
Why isn't the Fed cutting interest rates? What to know
The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
Two important factors are needed for the Fed to start cutting rates: RBC
Strategists at RBC Capital Markets have pushed back their expected timing for when the Federal Reserve might begin cutting interest rates, citing a few things that need to be in place before the ...
White House suggests Jerome Powell may have broken law amid Trump rift
The White House accuses the Fed chair of potentially "violating the law" in his renovation of the central bank's Washington, D.C., headquarters.
OMB's Russell Vought: Powell has fundamentally mismanaged the Federal Reserve
Russell Vought, OMB director, joins 'Squawk Box' to discuss the director's thoughts on Jerome Powell's management of the Federal Reserve.
Trump thinks interest rates are too high. Here's the level he wants.
At its last meeting, the Federal Reserve kept its benchmark interest rate in a range of 4.25% to 4.5%. That's too high for President Donald Trump, whose latest jawboning of the central bank came ...
Trump says U.S. interest rate is at least 3 points too high
WASHINGTON, July 9 (Reuters) - U.S. President Donald Trump on Wednesday called on the Federal Reserve to lower the federal benchmark interest rate by at least 3 percentage points, renewing his call ...
Why investors need to stop obsessing over when the Fed is going to cut interest rates next
That’s because there’s no consistent pattern to how the stock market reacts to Fed rate cuts. Sometimes the market will rally in the wake of a cut and sometimes not. Its response is no different than ...
Door open for Fed to ease rates this year, minutes show
There was a general sense among most Federal Reserve officials that interest rates could be lowered by the end of the year, minutes of the Fed’s June 17-18 meeting showed.
Student Loan Update: Interest Payments Expected To Jump Thousands
Analysis projects that a typical borrower will be forced to pay more than $3,500 per year, or $300 per month, as interest resumes.
Why Trump might not get rapid interest-rates cuts even after he replaces Fed chief Powell
Trump hopes to get lower rates by replacing Fed Chair Jerome Powell with someone who would do what the president wants. But Powell’s term as chair does not end until May 2026. He’s insisted he won’t ...
Why Trump might not get rapid interest-rate cuts even after he replaces Fed chief Powell
Trump hopes to get lower rates by replacing Fed Chair Jerome Powell with someone who would do what the president wants. But Powell’s term as chair does not end until May 2026. He’s insisted he won’t ...
Can Trump tap Bessent to head the Fed and the Treasury at the same time? Here’s what the law says.
Treasury Secretary Scott Bessent is among the contenders to head the Federal Reserve. Can President Donald Trump have him do both jobs at once?
Stock Market Today: Nasdaq Rises to New Record; Trump Sends More Tariff Letters
Trump’s tariffs and the fast-moving trade war continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
Bank of Korea holds interest rates steady, as expected
South Korea's central bank held interest rates steady on Thursday, in line with expectations, as it steered a cautious path amid concerns about financial stability risks stemming from rising household ...
South Korea holds rates steady amid tariff, household debt concerns
South Korea's central bank held interest rates steady on Thursday, as policymakers steered a cautious path amid concerns about financial stability risks stemming from rising household debt and ...
What Division Inside the Fed Means for Future Interest-Rate Cuts
Fed Chair Jerome Powell has sketched out new conditions that could trigger rate cuts by summer’s end, but inflation remains a big question ...
Today’s CD Rates for July 10, 2025: Highest APYs range from 4.25% to 4.75%
Top CD rates today. The best CD yield from a national bank is Northern Bank Direct, with a 4.45% APY on a nine-month CD with a $500 minimum deposit requirement. The best local ban ...
Today’s Refinance Rates July 10, 2025: Rates Decrease to 6.82%
Discover today's competitive refinance interest rates. Stay informed with expert insights on the latest trends, tips, and market analysis. Find the best refinancing options tailored to your needs. Don ...
White House adviser Hassett emerging as serious contender for next Fed chair, WSJ reports
White House economic adviser Kevin Hassett is emerging as a serious contender to be the next chair of the U.S. Federal Reserve, the Wall Street Journal reported on Tuesday, citing people familiar with ...
Fed minutes likely to shine light on divide over tariffs, rates outlook
The minutes from the Federal Reserve's June 17-18 policy meeting are expected on Wednesday to show a divided central bank wrestling with the expected economic impact of rising U.S. import taxes and ...
Today’s Refinance Rates July 9, 2025: Rates Drop Down to 6.78%
Discover today's competitive refinance interest rates. Stay informed with expert insights on the latest trends, tips, and market analysis. Find the best refinancing options tailored to your needs. Don ...
What will it take for the Fed to cut rates in September? Look here for clues.
Economists will be reading the minutes of the Federal Reserve’s June meeting to get a sense of what might have to happen in order for the central bank to cut interest rates in September.
Homebuyers finally responded, after mortgage rates hit lowest level in three months
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500 or less, decreased to 6.77% from 6.79%, with points holding steady at 0.62, including the ...
Egypt's central bank expected to keep interest rates steady on July 10: Reuters poll
The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate reductions following a stubborn increase in inflation over the last few ...
Hong Kong dollar faces prolonged weakness on liquidity, rates drawback, bank says
Local currency may stabilise for an extended period when aggregate balance drops to HK$50 billion to HK$60 billion levels.
Fed Study Finds 9% Chance of Rates Hitting Zero in Medium Term
The Federal Reserve can’t assume its benchmark lending rate won’t return to zero at some point in the future, according to a group of New York Fed researchers including the bank’s president, John ...
Fed paper says risk of falling back to near zero rates still in play
The prospect of the Federal Reserve once again setting its short-term interest rate target at near zero levels at some point in coming years remains real despite current relatively high levels of ...