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Explainer-Why Trump's Push for a 1% Fed Policy Rate Could Spell Trouble for US Economy
WASHINGTON (Reuters) -U.S. President Donald Trump says the Federal Reserve should set its benchmark interest rate at 1% to lower government borrowing costs, allowing the administration to finance the high and rising deficits expected from his spending and tax-cut bill. Trump should be careful what he wishes for.
How an inflation uptick and Trump’s pressure complicate the Fed’s interest rate decision
A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of President Trump’s tariffs. It will play into decisions by the Federal Reserve about when and whether to cut interest rates and comes as the president and his team have ramped up their pressure campaign on Fed Chair Jerome Powell.
Short-term U.S. interest-rate futures rose on Wednesday after a report that President Donald Trump is likely to fire Federal ...
2don MSN
Bank of Cleveland President Beth Hammack said that she does not see an immediate reason to cut interest rates and that the ...
If you’re hoping the Federal Reserve cuts interest rates this month, you might be disappointed. Comerica Bank predicted ...
CNBC's "Closing Bell" team discusses what to expect from upcoming bank earnings with Stephen Biggar, director of financial ...
The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to ...
The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
The right to freedom of speech allows Trump to make demands of the Fed to his heart's content. But legally, he cannot compel ...
Some Federal Reserve officials saw no interest-rate cuts for the rest of 2025, while two others said they would be open to an ...
The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.
Whether you're buying a new home or considering mortgage refinancing, the main question is the same right now: When will ...
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