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Fed, Trump and interest rates

Fortune on MSN · 2d

A vacancy on the Fed is opening early as Trump urges board to ‘assume control’ if Powell doesn’t cut rates

In the press conference following the Fed’s decision to keep rates unchanged, Powell hesitated to guide toward a rate in the coming months. He struck a hawkish tone, according to a note by Bank of America’s macroeconomics team, putting a damper on investor hopes that the FOMC’s next meeting in September could bring a rate cut.

Reuters on MSN · 4d

Fed leaves rates steady despite Trump pressure, gives no hint of September cut

The U.S. central bank held interest rates steady on Wednesday and Federal Reserve Chair Jerome Powell's comments after the decision undercut confidence that borrowing costs would begin to fall in September,

Fed Won't Budge on Interest Rate Cut Despite Trump's Demand for Mortgage Relief

As was widely expected, Fed policymakers on Wednesday left the central bank's overnight rate unchanged at a range of 4.25% to 4.5%.

Trump, Kugler and Fed

CNBC on MSN · 2d

Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates

Her resignation now paves the way for Trump to put his own nominee in for the board. Two of his prior appointments, Christopher Waller and Michelle Bowman, voted against the decision at Wednesday's meeting to hold the Fed's key rate steady, instead indicating they wanted to lower. Kugler was absent for the vote.

Wall Street Journal · 7h

Trump Says He Will Name New Fed Governor, BLS Head This Week

President Trump said he plans to name a replacement this week for a Federal Reserve governor who unexpectedly resigned. Adriana Kugler's departure, slated for Friday, provides an opportunity fo

UPI News on MSN · 1d

Federal Reserve governor Kugler resigns, creating vacancy for Trump

One of the seven members of the Federal Reserve Board of Governors, Adriana Kugler, announced she is stepping down next week, creating an opening for President Donald Trump to fill.

Trump, Tariff and trade

The New York Times · 1d

Trump’s Tariffs Are Making Money. That May Make Them Hard to Quit.

The tariffs are a substantial new source of revenue for the federal government. The budget may start to depend on it.

US Trade Advisor Says Trump Tariff Rates Unlikely To Change

New US tariff rates are "pretty much set" with little immediate room for negotiation, Donald Trump's trade advisor said in remarks aired Sunday, also defending the president's politically driven levies against Brazil.

Trump trade adviser: Trump’s tariff rates ‘pretty much set’

U.S. Trade Representative Jamieson Greer said in an interview set to air Sunday that President Trump’s newly announced tariff rates are “pretty much set” and the public should not expect them to come down in the near future.

10mon MSN

Trump Implies Departing Kugler Agreed With Him on Fed Policy. Her Speeches Suggest Otherwise.

President Donald Trump suggested late Sunday that Federal Reserve Gov. Adriana Kugler, who announced her surprise resignation ...

4don MSN

Fed leaves rates unchanged despite Trump's pressure, with two governors dissenting

The Federal Reserve held interest rates steady on Wednesday in a split decision that gave little indication of when borrowing ...

3don MSN

Trump Lobs All-Caps Insults At Jerome Powell For Refusing To Lower Interest Rates Once Again

President Donald Trump blasted Federal Reserve Chair Jerome Powell in a testy message Thursday morning after Powell refused ...

2don MSN

Trump promises lower interest rates. But he doesn't have that power

Former President Donald Trump promised to lower interest rates if reelected. But the Fed, which sets the key rate, operates ...

5don MSN

Fed likely to hold rates steady despite Trump's push for big cuts

The Federal Reserve is expected to leave interest rates unchanged on Wednesday, even as President Donald Trump continued to ...

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