News

Veteran fund manager drops bold July Fed interest rate prediction after jobs shocker
The debate over the Federal Reserve's reluctance to lower rates has intensified recently. Those hoping that the Fed would ...
Trump says Powell costs US $900B a year in interest by not cutting rates. Is he right?
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
Fed rate cut bets rise after Powell doesn't rule out July
Financial market bets rose that the Federal Reserve could start interest-rate cuts as soon as this month after Fed Chair ...
Trump’s Criticism of Fed’s Rate Decisions Not Necessarily a Threat to Its Independence, BIS Says
The BIS said doubts have been raised about the Trump administration’s commitment to central bank independence, but added the ...
Fed Chair Powell resists Trump pressure, will wait on rate cuts amid tariff uncertainty
The Fed Chair on Tuesday reiterated the central bank plans to "wait and learn more" about the impact of tariffs on inflation ...
The Fed's Interest Rate Cuts Foreshadowed the Recent Stock Market Correction. Here's What Might Happen Next.
Now, with the most recent CPI reading (for May 2025) coming in at an annualized rate of just 2.4%, the Fed has penciled in ...
Trump sends 'Mr. Too Late' Jerome Powell fiery note spelling out interest rate failures costing US a 'fortune'
Trump criticizes Fed chair Powell for keeping rates "artificially high," sending him a chart comparing global rates and ...
HELOC interest rates vs. home equity loan interest rates: What lending experts say to know this July
Take credit cards, for example. Those short-term borrowing products currently have rates averaging over 21%. Personal loan ...