News

White House ramps up pressure on Fed's Powell three weeks before next interest rate decision
President Donald Trump’s pressure campaign against the Federal Reserve and Chair Jerome Powell to lower interest rates ...
Why isn't the Fed cutting interest rates? What to know
The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
Trump Wants a 3-Point Fed Rate Decrease. But You Can't Always Get What You Want.
The right to freedom of speech allows Trump to make demands of the Fed to his heart's content. But legally, he cannot compel ...
Possible Trump pick for Fed has a plan to cut interest rates, with a catch
Kevin Warsh, the former Fed governor considered the most likely replacement for Jerome Powell to lead the Fed, on Monday ...
Trump Keeps Pushing Powell to Lower Interest Rates. It Could Backfire.
The president’s attacks on the independence of the Federal Reserve could further harm the dollar’s status as the preeminent ...
Bessent: Trump Using "Bobby Knight... Working The Refs" Strategy On Fed/Interest Rates
Treasury Secretary Scott Bessent used a basketball metaphor to explian President Trump's unsually direct confrontation with ...
Why Trump might not get rapid interest-rate cuts even after he replaces Fed chief Powell
Trump hopes to get lower rates by replacing Fed Chair Jerome Powell with someone who would do what the president wants. But ...
Most Fed officials see rate cuts coming, but opinions vary widely on how many, minutes show
Federal Reserve officials diverged at their June meeting about how aggressively they would be willing to cut interest rates, ...