Tag #Federal Reserve

Showing 361 to 372 of 918 results

theglobeandmail.com
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Trump Renews Pressure on Federal Reserve for Sharp Interest Rate Cuts

President Trump publicly pressured Federal Reserve Chair Jerome Powell on July 8, 2024, to drastically lower interest rates to between 0.5% and 1.75%, citing significant economic losses, despite current low unemployment and inflation above the Fed's 2% target. This follows his previous calls for rat...

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news.sky.com
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Trump Renews Attack on Fed Chair Powell, Hints at Replacements

President Trump called Federal Reserve Chair Jay Powell "terrible" and "stupid", suggesting four potential replacements amid ongoing pressure for interest rate cuts, while citing concerns about inflation caused by his trade policies.

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40% Bias Score

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news.sky.com
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Fed Holds Rates Amidst Trump Criticism, Predicting Slower Growth and Higher Inflation Due to Tariffs

The US Federal Reserve held interest rates steady at 4.25%-4.5% despite President Trump's criticism, while predicting lower economic growth (1.4% from 2.1%) and higher inflation (3.1% from 2.5%) due to tariffs; the effects of these tariffs will take time to fully manifest.

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english.elpais.com
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Fed Rejects Trump's Demand, Maintains Interest Rates

The U.S. Federal Reserve maintained interest rates at 4.25%-4.5% on Wednesday, rejecting President Trump's demands for a reduction, despite updated projections forecasting lower growth, higher inflation, and a potential 0.5 percentage point rate cut by year's end.

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us.cnn.com
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Supreme Court Justices' Policy Preferences Fuel Concerns about Neutrality

The Supreme Court's conservative justices are increasingly expressing policy preferences and political viewpoints within their opinions, leading to concerns about the court's neutrality and legitimacy, particularly in cases involving the Trump administration and the Federal Reserve.

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cbsnews.com
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Home Equity Rates: Minimal Change Expected After June Fed Meeting

Following the Federal Reserve's decision to hold interest rates steady in June 2025, despite cooling inflation, experts predict minimal immediate impacts on home equity rates, with more significant decreases possible by fall. Homeowners are advised to carefully consider their borrowing purpose, repa...

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theguardian.com
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Trump's Potential Early Fed Chair Announcement Sends Dollar to Three-Year Low

The dollar dropped to a three-year low after reports that President Trump might announce Jerome Powell's replacement as Federal Reserve chair as early as this summer, sparking concerns about political interference in monetary policy.

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cincodias.elpais.com
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Powell Defends Fed's Stance Against Trump's Rate Cut Demands

Federal Reserve Chairman Jerome Powell testified before Congress on Tuesday, resisting President Trump's calls to lower interest rates immediately, citing inflation concerns despite a strong economy; the Fed held rates steady at 4.25%-4.5% last week.

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euronews.com
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Fed Holds Interest Rates Steady Amid Tariff Uncertainty

The US Federal Reserve kept its key interest rate unchanged at around 4.3% on Wednesday, awaiting more information on the economic impact of tariffs, while projecting two rate cuts this year despite anticipating higher inflation, slower growth, and a slight rise in unemployment.

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theguardian.com
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Fed Holds Rates, Signals Potential Cuts Amid Trump Pressure

The US Federal Reserve maintained interest rates at 4.25%-4.5% on Wednesday, signaling potential for two rate cuts this year despite President Trump's criticism and pressure; the Fed raised its inflation projection to 3% and lowered its economic growth projection to 1.4%, citing Trump's tariffs as a...

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cbsnews.com
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HELOC Rates Dip to 8.22%, but Volatility Persists

The average HELOC interest rate fell five basis points to 8.22%, but volatility remains due to Federal Reserve actions; homeowners should weigh HELOCs against fixed-rate loans and other options before borrowing.

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cbsnews.com
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US Inflation Rises Again in May

Inflation in the United States rose 0.1% in May to 2.4%, reversing a three-month decline and impacting interest rates, savings returns, and gold investments.

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52% Bias Score

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Showing 361 to 372 of 918 results