News

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 ...
'It’s not political': Waller again calls for rate cut in July, reinforcing Fed divide
Federal Reserve governor Christopher Waller reiterated Thursday that he believes the Fed could consider cutting rates later ...
Donald Trump’s rate-cut wish may finally be inching closer, as Fed meeting notes reveal a ‘master class’ in indecision
Fed officials are increasingly split on rate cuts, though UBS’s Paul Donovan says their indecision currently amounts to ...
Next Fed leader may struggle to deliver the rate cuts Trump wants, watchers say
Some investors have staked out positions in futures markets that will profit if interest rates drop immediately after Jerome ...
Fed is in 'wait and see' mode on rate cuts, says former Fed Vice Chair Richard Clarida
Richard Clarida, former Federal Reserve Vice Chairman and current global economic advisor at PIMCO, joins CNBC's "Closing ...
Chances of Fed Interest Rate Cut Plunge After Strong Jobs Report
The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.
Fed paper says risk of falling back to near zero rates still in play
The prospect of the Federal Reserve once again setting its short-term interest rate target at near zero levels at some point ...
Why Powell is ignoring Trump’s push to quickly slash interest rates
Federal Reserve Chair Jerome H. Powell is resisting President Donald Trump’s calls for lower interest rates, saying the Fed should not take debt and deficits into account.