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Federal Reserve officials are determined to hold interest rates steady a little while longer, though an increasingly ...
Speaking to reporters at the start of his tour, Trump said that the administration was "taking a look at what's happening" at ...
The Federal Reserve held interest rates steady Wednesday between 4.25% and 4.5% – exactly as interest-rate traders' bets had predicted after the policy-making body's meeting in early May. The ...
The Fed does set the rate of interest it pays on reserves, but that’s just one interest rate, and it’s a rate that didn’t exist prior to 2008. Theoretically, the Fed sets this rate to ...
Amid all the mounting political pressure on the Federal Reserve to resume cutting interest rates, Chair Jay Powell is already ...
President Trump clashed with Federal Reserve Chair Jerome Powell as more lawmakers weigh in on a need for an interest rate ...
When central banks are pressured by politicians into overheating the economy, everyone ends up getting burned.
President Donald Trump is once again floating the idea of firing Federal Reserve Chairman Jerome Powell, ostensibly in ...
Noelle Acheson points out that the GENIUS Act is right to ban interest on payment stablecoins, and suggests that the bigger ...
The Swiss National Bank lowered rates to zero after consumer prices fell last month. Other European central banks are grappling with uncertainty caused by President Trump’s tariffs.
It could also help the federal budget by reducing the amount of interest the government pays on the national debt. In recent weeks, Trump has repeatedly demanded that the Fed lower rates dramatically.