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How an inflation uptick and Trump’s pressure complicate the Fed’s interest rate decision
A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of President Trump’s tariffs. It will play into decisions by the Federal Reserve about when and whether to cut interest rates and comes as the president and his team have ramped up their pressure campaign on Fed Chair Jerome Powell.
Trump urges Fed to lower interest rates as new inflation data shows slight rise
President Trump is urging the Federal Reserve to lower interest rates following the release of Consumer Price Index (CPI) data for June, which shows a 0.3% increase. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
President Trump has expressed his dissatisfaction with Federal Reserve Chair Jerome Powell's performance, describing it as ...
DMC Global faces a 'Hold' rating amid challenges in construction, energy demand, and tariffs. Read here for an analysis of ...
Opinion
2don MSNOpinion
If interest rates fall, could the 3 per cent mortgage make a comeback? - COMMENT : The governor of the Bank of England has hinted at a cut in rates thanks to the government’s decision to tax jobs. Jam ...
Jamie Dimon warned that markets are underestimating inflation and the risk of more Fed rate hikes amid global trade tensions.
Headwinds for mortgage rates arrived Tuesday in the form of rising inflation, which likely ends the faint hopes of a Fed rate ...
Economists don’t expect an interest rate cut in July, but that doesn’t mean the Reserve Bank is done for the year, with a lot ...
The Bank of England is “almost certain” to cut interest rates next month after Britain’s economy shrank for a second month in ...
Forget homeowners with tracker mortgages or those desperate for a better deal – the person who’s hurting the most from the ...
President Donald Trump has pushed for the Federal Reserve to lower interest rates by “a full point” in order to juice the economy as inflation hovers close to its target level. But Fed Chair Jerome ...
27don MSN
The Fed announced Wednesday that it will hold rates steady for the forth time this year.
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