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The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later ...
“Fed should cut Rates by 3 Points. Very low inflation. One Trillion Dollars a year would be saved!!!,’’ he wrote on his Truth ...
Federal Reserve governor Adriana Kugler said the Fed should hold interest rates steady for a while to come, because new trade ...
Trump has criticized Powell for months because the chair has kept the short-term interest rate the Fed controls at 4.3% this ...
Some officials want a July cut to protect the labor market, while others want to wait because they anticipate more inflation ...
What is clear is that the current 4.33% median Fed funds target rate remains well above the inflation trend. Even after the ...
Rising prices across an array of goods from coffee to audio equipment to home furnishings pulled inflation higher.
J.P. Morgan warned in a note that Trump's pressure on the Federal Reserve and threats to fire Chair Powell could undercut ...
Higher tariffs put in place by the Trump White House this year have started to increase inflation, and these effects are ...
The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to ...
Some investors had clung to a bit of hope that the Federal Reserve would cut interest rates at its next meeting on July 30.
Monetary policymakers have held off on lower interest rates for months, citing the risk of tariff-induced inflation. Several ...