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Why Trump might not get rapid interest-rate cuts even after he replaces Fed chief Powell
Trump hopes to get lower rates by replacing Fed Chair Jerome Powell with someone who would do what the president wants. But Powell’s term as chair does not end until May 2026. He’s insisted he won’t resign early.
That’s because there’s no consistent pattern to how the stock market reacts to Fed rate cuts. Sometimes the market will rally ...
U.S. President Donald Trump on Wednesday called on the Federal Reserve to lower the federal benchmark interest rate by at ...
Federal Reserve officials diverged at their June meeting about how aggressively they would be willing to cut interest rates.
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The newly published meeting minutes highlighted a divide over how Federal Reserve officials expect the economy to respond to President Donald Trump's tariffs.
The average rate on 30-year fixed home loans decreased to 6.67% for the week ending July 3, down from 6.77% last week.
Interest rate increases hit homeowners where it hurts most – their monthly budget. While Federal Reserve decisions might seem ...
Fannie Mae now expects rates around 6.5% by the end of 2025 and 6.1% by the end of 2026.
The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.
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