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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.
Boston Federal Reserve President Susan Collins said on Tuesday she's in no rush to change the U.S. central bank's benchmark ...
The average rate on 30-year fixed home loans increased to 6.72% for the week ending July 10, up from 6.67% last week.
The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
Headwinds for mortgage rates arrived Tuesday in the form of rising inflation, which likely ends the faint hopes of a Fed rate ...
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
Tennessee announces a new maximum effective interest rate of 11.50% for loans, reflecting a 4% increase over the current ...
The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.
Reuters on MSN12h
Why Trump getting his way on interest rates could signal weaknessU.S. President Donald Trump says the Federal Reserve should set its benchmark interest rate at 1% to lower government ...
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