News

Fed, for rate cut

Fed’s Hammack Raises Inflation Concerns Amid Push For Interest Rate Cut
Fed’s Hammack comments suggest that no Fed rate cut will happen in July as inflation remains high. Odds drop below 5%.
Fed’s Waller Doubles Down on July Rate Cut: ‘It’s Not Political’
Federal Reserve governor Christopher Waller said Thursday that the central bank should consider cutting interest rates at its July meeting, even after a strong June jobs report.
Trump urges rate cuts to boost savings, but Fed says economy is strong
Economic experts say the Federal Reserve is unlikely to cut rates despite President Donald Trump's demands due to uncertainty from tariff hikes.
Fed's Hammack sees no urgent reason to lower rates - Fox Business
Federal Reserve Bank of Cleveland President Beth Hammack said on Monday she sees no imminent need to lower interest rates right now given that inflation is still too high, amid ongoing uncertainty about how trade tariffs will affect price pressures.
Fed Minutes Underscore Divisions Over Pace of Interest Rate Cuts
The U.S. central bank’s decision to hold interest rates steady in June was unanimously supported, but officials were starting to splinter over the path forward.
Most Fed officials see rate cut as appropriate this year: FOMC minutes
With "current monetary policy moderately or modestly restrictive," Federal Reserve officials felt they are "well positioned to wait for more clarity on the outlook for inflation and economic activity,
Fed minutes show little support for interest rate cut later this month
Only "a couple" of officials at the Federal Reserve's June 17-18 meeting said they felt interest rates could be reduced as soon as this month, with most policymakers remaining worried about the inflationary pressure they expect to come from President Donald Trump's use of tariffs to reshape global trade.
Fed's Hammack doesn't see a need to cut interest rates unless the economy weakens
Cleveland Fed President Beth Hammack said Monday she does not favor cutting rates unless signs emerge that the economy is weakening. "I see an economy that's resilient. I see one that's working really well.
Fed’s Hammack supports wait-and-see posture on rates
Federal Reserve Bank of Cleveland President Beth Hammack said she wants to see inflation lowered further before she’d support a cut in interest rates.
'It’s not political': Waller again calls for rate cut in July, reinforcing Fed divide
Federal Reserve governor Christopher Waller reiterated Thursday that he believes the Fed could consider cutting rates later ...
Detroit News20h
Trump economics adviser Kevin Hassett is rising in race for next Fed chief
Waller has signaled openness to a rate cut this month, setting him apart from ... He has argued publicly for lower ...
Trump ramps up pressure on Fed Chair Powell to cut rates in handwritten note: ‘You have cost the USA a fortune’
During a White House briefing, press secretary Karoline Leavitt brandished a sheet of paper listing global central bank rates ...
Seeking Alpha5d
Trump calls on Fed to cut rate by 'at least' 3 percentage points
The probability that the rate will be cut by 25 basis points at the July 29-30 meeting stands at 6.7%, with the odds of no rate change at 93.3%, according to the CME FedWatch tool.