Fed Cuts Rates By A Quarter Point
The Federal Reserve reduced its interest rate benchmark by a quarter-point for a second time this year on Wednesday, bringing the short-term borrowing rate to a range of 3.75 percent ...
Tag: Interest rates
US inflation rises to 3% in September — paving way for fed to cut rates next week
US inflation ticked up in September to 3% — a slightly lower than expected number that paves the way for the Federal Reserve to cut rates at its policy meeting ...
White House: Jobs Numbers Would Be Better if Rates Were Cut, Don’t Match with Rest of Economy, and Might Be Revised Up
On Friday’s edition of NBC’s “Meet the Press Now,” White House National Economic Council Director Kevin Hassett stated that “when we’re looking at all of the indicators, it’s looking like ...
Breitbart Business Digest: The Impact of Trump’s Immigration Crackdown on the Jobs Report
The Jobs Report Is Coming Friday’s Employment Situation report arrives at a pivotal moment for Federal Reserve policy and market expectations. Wall Street is forecasting a gain of 75,000, in ...
DC federal judge to weigh order blocking Fed gov Lisa Cook’s firing ahead of interest rate meeting
WASHINGTON — A Washington, DC, federal judge was weighing an order Friday that would block Federal Reserve Governor Lisa Cook’s ouster by President Trump after hearing arguments for more than ...
Two Fed dissenters appeared alone in favoring rate cut as tariff debate simmers: meeting minutes
The two Federal Reserve policymakers who dissented against the central bank decision’s to leave interest rates unchanged last month appear not to have been joined by other policymakers in voicing support for lowering rates at ...
Treasury Secretary Scott Bessent says Trump considered re-appointing Janet Yellen as Fed chair
President Trump has a “very open mind” about who should replace Federal Reserve Chairman Jerome Powell and he’s even considered Janet Yellen for the post, Treasury Secretary Scott Bessent revealed ...
Trump admin considering two new candidates to be next Fed chair: report
President Trump’s team is reviewing new contenders to lead the Federal Reserve once Chair Jerome Powell’s term ends in May, including a longtime economic consultant and a past regional Fed president, the ...
Trump says he may eliminate capital gains tax on home sales in effort to bolster the housing market
WASHINGTON — President Trump said Tuesday he is considering eliminating the capital gains tax on home sales — a potentially massive financial break for sellers. “We are thinking about no ...
Fed Governor Waller Backs Trump’s Calls for Immediate Rate Cut
Federal Reserve Governor Christopher Waller on Wednesday called for an immediate interest-rate cut, arguing that inflation is cooling and the labor market is weaker than it appears—bolstering the Trump administration’s ...
