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Last month, the Fed left rates unchanged at 4.25%-4.50% for the fourth straight meeting and forecast two 25-basis-point rate ...
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
The debate over the Federal Reserve's reluctance to lower rates has intensified recently. Those hoping that the Fed would ...
Financial markets are betting the Federal Reserve sticks to its "wait and see" approach to interest rates this summer, but that by September it will have waited and seen enough to start cutting ...
Federal Reserve Chief Jerome Powell said it is premature to lower interest rates, citing the potential impact of tariffs.
Recession worries are building once again, as some consumers fear the prospects of higher prices and continued high interest ...
Now, with the most recent CPI reading (for May 2025) coming in at an annualized rate of just 2.4%, the Fed has penciled in ...
Treasury Secretary Scott Bessent questioned Federal Reserve policymakers’ judgment on interest rates, reiterating his view ...
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