News

Why Isn't the Fed Cutting Interest Rates? What To Know
The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
'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 ...
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 ...
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 ...
Fed's Daly says two rate cuts remain on the table for this year
Federal Reserve Bank of San Francisco President Mary Daly said on Thursday the time to cut rates is nearing, without saying ...
Trump official criticizes Fed chief Powell as Trump takes aim over interest rates
A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as ...
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 ...
JPMorgan CEO Dimon says markets under-pricing risk of higher US interest rates
JPMorgan Chase CEO Jamie Dimon said on Thursday he thought the financial market was underestimating the possibility of U.S.
JLS: Limited Growth Potential While Interest Rates Are High
Nuveen Mortgage and Income Fund offers a 9.7% yield with monthly payouts but poses risks tied to interest rates and discounts ...
As Trump Calls For 3-Percentage Point Rate Cut, 'Too Late' Jerome Powell To Resign, June Fed Minutes Show 'Uncertainty' Reigns Supreme
As the minutes of the Federal Reserve’s June meeting were released on Wednesday, the word “uncertainty” reigned supreme amid ...
‘It’s Not Political’: Fed’s Waller Doubles Down on July Rate Cut
Federal Reserve governor Christopher Waller said Thursday that the central bank should consider cutting interest rates at its ...
Two important factors are needed for the Fed to start cutting rates: RBC
Strategists at RBC Capital Markets have pushed back their expected timing for when the Federal Reserve might begin cutting interest rates, citing a few things that need to be in place before the ...