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The Labor Market Makes the Fed Look Late on Rate Cuts
The Fed has insisted all year that it’s not time to cut interest rates yet on account of tariff uncertainty. However, as Opening Bell Daily has maintained for several months, the labor market data justify lower rates, as do the five consecutive months of cooler-than-expected inflation reports.
Donald Trump has accused Jerome Powell of keeping interest rates “artificially high” as he described the chairman of the ...
The article Weekly Mortgage Rates Continue to Fall as the Fed Debates Timing originally appeared on NerdWallet.
In their latest quarterly economic projections, released June 18, eight of the 19 FOMC officials said they expect two rate ...
Federal Reserve officials are expressing mixed sentiment about whether to cut interest rates or hold them steady in the July ...
That message stands in contrast to recent comments from other Fed officials who say cuts could be considered in July.
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