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Fed, Trump and interest rates

Fed Won't Budge on Interest Rate Cut Despite Trump's Demand for Mortgage Relief

As was widely expected, Fed policymakers on Wednesday left the central bank's overnight rate unchanged at a range of 4.25% to 4.5%.

Fortune on MSN · 2d

A vacancy on the Fed is opening early as Trump urges board to ‘assume control’ if Powell doesn’t cut rates

In the press conference following the Fed’s decision to keep rates unchanged, Powell hesitated to guide toward a rate in the coming months. He struck a hawkish tone, according to a note by Bank of America’s macroeconomics team, putting a damper on investor hopes that the FOMC’s next meeting in September could bring a rate cut.

The New York Times · 4d

Trump’s Fight With the Fed Won’t End With Rate Cuts

President Trump wants the Fed to slash borrowing costs, but the central bank is unlikely to take such aggressive steps even once it begins to lower interest rates.

President Trump gets to nominate a new Fed governor. What does that mean?

Last week, Adriana Kugler, one of the seven members of the Federal Reserve Board of Governors, announced her resignation.

3don MSN

Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates

Her resignation now paves the way for Trump to put his own nominee in for the Board of Governors. Two of his prior ...

5don MSN

Fed leaves rates unchanged despite Trump's pressure, with two governors dissenting

The Federal Reserve held interest rates steady on Wednesday in a split decision that gave little indication of when borrowing ...

Espresso on MSN11h

Donald Trump continues his attacks on the Fed Chairman

Trump has demanded that the Federal Reserve’s board of governors take control away from Fed Chair Jerome Powell over not ...

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