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More top Fed officials are coming out in support of rate cuts next month. Here's what they're saying.
Several top Fed officials have voiced support for cutting interest rates in the week after the central bank's latest policy decision.
Second Fed Official Indicates Support for Faster Rate Cuts
A second Federal Reserve official has indicated that the central bank should begin cutting rates as soon as next month — the latest sign of division among policymakers about how to respond to the uncertainty caused by President Trump’s shifting economic policies.
The Labor Market Makes the Fed Look Late on Rate Cuts
The Fed has insisted all year that it’s not time to cut interest rates yet on account of tariff uncertainty. However, as Opening Bell Daily has maintained for several months, the labor market data justify lower rates, as do the five consecutive months of cooler-than-expected inflation reports.
Federal Reserve’s Bowman says rate cut should be on table in July
Federal Reserve governor Michelle Bowman on Monday said the central bank should consider cutting its key interest rate as soon as its next meeting in July, underscoring deep divisions among Fed officials as they endure sharp criticism from the White House.
Fed’s Bowman sides with Waller in calls for July rate cut, defying chair Powell
Michelle Bowman, a governor at the Federal Reserve, said on Monday she’s ready to vote for a rate cut at the next policy meeting in July, if inflation stays low.
Firmer U.S. Jobs Data Suggests No Fed Rate Cut Before September
A stronger-than-expected June jobs report indicates no Federal Reserve rate cut before September despite the President’s demands.
U.S. Jobs Report Point to Earlier Fed Rate Cut
A firmer-than-expected U.S. June jobs report leads Goldman Sachs economists to bring forward their Fed rate-cut expectations and lower the terminal rate, pointing to a lower range for U.S. yields across the curve.
The jobs report has dashed any hopes of a rate cut this summer
The June jobs report cratered the odds for a July rate cut. Stocks cheered the strong data but dimmer rate-cut views prevented bigger gains.
US Jobs Report Slams the Door on a Fed July Rate Cut
Data surprises with strong payroll gains and revisions Jobless rate drops to 4.1%, with more people leaving workforce Immigrant workforce shrinks for a third straight month Strong report slams door on for Fed rate cut in July Treasury yields climb;
June Jobs Report Likely to Extend Fed’s Summer Pause
Fed officials have cited solid labor-market readings to justify a wait-and-see stance.
Chances of Fed Interest Rate Cut Plunge After Strong Jobs Report
The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.
Fed’s Bowman backs July rate cut citing weak inflation and fragile labor market
Her remarks signal a shift within the central bank and highlight growing internal tension over whether the Fed should move ...
Exclusive: Fed should wait on rate cuts with price hikes expected, Bostic says
The Federal Reserve need not cut interest rates with companies planning to raise prices later this year in response to higher ...
Fed banker rate debate and Trump hints have analysts betting on who’s ‘auditioning’ for Chair Powell’s job
ANALYSIS: President Trump has said he may move up the announcement of Powell's replacement, with analysts looking for public ...
Powell tells Congress Fed can 'wait' on rate cuts as Trump pressure intensifies
Federal Reserve Chair Jerome Powell faces intensifying pressure for rate cuts from the White House and even some of his ...
Jerome Powell says Fed rate cut is on hold even as President Trump demands cuts
The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest ...
NPR11d
Fed Chair Powell says tariffs warrant caution on rate cuts : NPR
The Fed last week left interest rates unchanged, though policymakers signaled they remain on track for two rate cuts later this year.That decision came despite President Trump's continued ...