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Treasury Secretary Scott Bessent used a basketball metaphor to explian President Trump's unsually direct confrontation with ...
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced ...
The average rate on 30-year fixed home loans from Freddie Mac decreased again to 6.77% for the week ending June 26.
President Trump detailed to Jerome Powell where he thinks interest rates should be set in a handwritten note escalating ...
Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices.
Trump has been highly critical of Fed chair Powell for not cutting rates. Some see Trump's pressure campaign against the ...
The central bank chief said he believes the Fed board would have decided to lower rates further until Trump launched his ...
U.S. Treasury Secretary Scott Bessent said on Tuesday he believes the Federal Reserve could lower interest rates by September ...
Interest rate increases hit homeowners where it hurts most – their monthly budget. While Federal Reserve decisions might seem ...