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Fed holds off on rate cuts as inflation risks outweigh Trump pressure
On Friday the president repeated his criticism of Powell and said the Fed's policy rate should be 1 per cent, a low level typically used by the Fed to boost a weak economy not, as the Fed is currently attempting to do, temper inflation with tight monetary policy.
The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later ...
Federal Reserve governor Adriana Kugler said the Fed should hold interest rates steady for a while to come, because new trade ...
"I certainly think there are lessons to be learned there that the administration should be aware of," said Morningstar Wealth ...
Rising prices across an array of goods from coffee to audio equipment to home furnishings pulled inflation higher.
The inflation gauge the Federal Reserve relies on most to decide whether to raise or lower U.S. interest rates is likely to ...
With June's inflation reading coming in hotter than the month prior, the Fed is under renewed pressure to maintain its ...
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Fed Gov. Waller Calls For Urgent Rate Cut At July Meeting, Shrugging Off Trump Tariffs As ‘One-Time Boost’ To InflationWith just two weeks to go for the next rate-setting meeting, Federal Reserve Governor Christopher Waller has called for a ...
What is clear is that the current 4.33% median Fed funds target rate remains well above the inflation trend. Even after the ...
The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to ...
If you're thinking about tapping your home's equity, make sure you understand what could happen with rates soon.
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