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· 24dTrump unloads on Powell after Fed decision to keep interest rates steady: ‘Too angry, too stupid’
President Donald Trump slammed Federal Reserve Chairman Jerome Powell on Thursday morning for failing to heed calls to lower interest rates. Powell held short-term interest rates steady on Wednesday at 4.
Federal Reserve Chair Jerome Powell signaled a likely interest rate cut in September, noting "downside risks" to employment.
The average rate on 30-year fixed home loans registered at 6.58% for the week ending Aug. 21, same as last week.
Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...
In just three months, tariffs as a percentage of imports quadrupled, topping 10% for the first time in two decades, according ...
The president’s attempts to control monetary policy became the dominant yet unspoken theme at the annual central bankers’ ...
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