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Fact Check Team: What’s holding up Fed interest rate cuts?
WASHINGTON (TNND) — President Donald Trump is once again putting public pressure on Federal Reserve Chair Jerome Powell, calling for interest rate cuts amid signs of a cooling labor market. But while rate cuts have been projected for months, the Fed hasn’t moved since December of 2024, and Powell doesn’t seem ready to cave just yet.
Inflation is moving higher and the impact of tariffs are only beginning to show up in government data, likely keeping ...
A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of ...
Trump urged the Federal Reserve to lower interest rates to 1%, but economists argue this could backfire, risking inflation & ...
Whether you're buying a new home or considering mortgage refinancing, the main question is the same right now: When will ...
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
Although interest rates and unemployment have an indirectly inverse relationship, that relationship can be clouded by broader factors in the labor market.
The average rate on 30-year fixed home loans increased to 6.72% for the week ending July 10, up from 6.67% last week.
U.S. President Donald Trump says the Federal Reserve should set its benchmark interest rate at 1% to lower government ...
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