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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 ...
Latest Fed Minutes Underscore Divisions Over Pace of Interest Rate Cuts
The U.S. central bank’s decision to hold interest rates steady in June was unanimously supported, but officials were starting ...
Cryptopolitan on MSN5h
The Fed is deeply divided over when and how much to cut interest rates
The Federal Reserve is no longer speaking with one voice, breaking the hearts of economic nerds everywhere. The minutes from the June 17–18 meeting show real cracks opening up inside the room, with ...
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 ‘OK’ with probe of Jerome Powell over ‘Palace of Versailles’ HQ revamp
Trump, who has repeatedly slammed Powell over his unwillingness to slash interest rates, added that his nemesis “should ...
Chances of Fed Interest Rate Cut Plunge After Strong Jobs Report
The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.
Veteran fund manager drops bold July Fed interest rate prediction after jobs shocker
The debate over the Federal Reserve's reluctance to lower rates has intensified recently. Those hoping that the Fed would ...
HousingWire6d
Job growth beats expectations as pressure mounts on Powell to cut rates
The housing industry is desperate for good news on interest rates, but it didn’t get any from Thursday's jobs report.