News

Fed, Donald Trump

Trump’s Fed Pick Likely to Find Colleagues Cautious on Rate Cuts
President Donald Trump’s relentless calls for dramatic reductions in interest rates, along with his ability to make changes to the Federal Reserve’s leadership, is drawing more attention to the way monetary policy decisions are made — and the people who make them.
Fed holds interest rates steady despite Trump’s push for cuts
Chair Jerome Powell has said the Federal Reserve would likely have cut rates already if not for Trump’s sweeping tariffs.
Fed's Waller Calls for July Interest Rate Cut
Federal Reserve Governor Christopher Waller said policymakers should cut interest rates this month to boost a job market that looks to be weakening.
U.S. Fed Keeps Interest Rates On Hold Despite Political Pressure To Cut
US Fed kept its key interest rate on hold between 4.25-4.5% for the fifth straight meeting. TD Asset Management's Scott Colbourne discusses the latest decision and the Fed's rate path ahead.
In a dissent not seen in three decades, two Fed governors wanted to cut interest rates and here is why
Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained why they would've cut rates by 25-basis-points.
Here's the case for lower rates from the Fed's 2 dissenting voices
The Fed opted against cutting rates, but a rare dissent from two governors says the central bank risks being too late amid a cooling labor market.
Fed’s Dissenters Were Worried About Jobs. Now We All Are.
Governor Christopher Waller and Vice Chair for Supervision Michelle Bowman both voted to cut rates by a quarter percentage point at the Fed’s July meeting. It was the first time in more than 30 years that two governors dissented from a monetary-policy decision.
Fed's Bowman and Waller Explain Why They Voted for Rate Cuts
Federal Reserve governors Michelle Bowman and Christopher Waller favored an interest-rate cut this week because they have grown more concerned about the labor market, and thought their colleagues were being too cautious about inflation.

Why Trump’s next Fed chair may not deliver the interest-rate cuts investors expect

Trump wants to replace Jerome Powell with a Fed chair who will do what he wants. But that still may not produce the steep ...

One of Trump's top picks for Fed chair doubles down on rate cut demands

Governor Christopher Waller's comments come as tensions between Fed Chair Jerome Powell and President Donald Trump have ...

Powell Under Siege as Fed Plans to Stand Pat on Rate Cuts

Jerome H. Powell, the Federal Reserve chair, is facing relentless attacks from the president, a lively campaign to replace ...

Weakening US jobs market hits center of Fed rate policy debate

Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...

Federal Reserve holds its benchmark rate steady at today's FOMC meeting

The Fed is maintaining its benchmark interest rate in the range of 4.25% to 4.5%, where it's been parked since December.

Fed holds interest rates steady. Will September bring a rate cut? Live updates

The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its ...

Federal Reserve’s Waller says central bank should cut rates at next meeting

A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell, who has been ...