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More Fed Officials Now See One Rate Cut This Year
The Federal Reserve’s latest dot plot of interest-rate expectations shows a median projection of two rate cuts in 2025, the same as in March. But that continuity masks a subtle but important shift: Fed officials’ internal consensus on rate cuts is weakening.
Trump Says He Won't Appoint Anyone to Fed Who Doesn't Back Rate Cuts
U.S. President Donald Trump said on Friday he would not appoint anyone to head the Federal Reserve who would not lower interest rates from where they are, setting perhaps the most explicit litmus test yet for candidates to be the next central bank chief to align with his demands for steep rate cuts in order to get the job.
Most economists and policymakers are bracing for price pressures to intensify this summer because of President Trump’s ...
Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...
Waller highlighted that inflation has been running close to the Fed’s 2% target, and said the current rate setting (targeting ...
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No decisions are imminent, although Trump has the right to change his mind and many good options to nominate as the next ...
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 ...
With upcoming Fed rate cuts likely to push CD rates lower in 2025 and perhaps 2026, now’s the time to lock in a high yield ...
Some Federal Reserve officials are joining President Donald Trump in calling for lower interest rates as soon as July.
NEW YORK (Reuters) -Federal Reserve Bank of Boston President Susan Collins said Tuesday monetary policy is in the right place ...
A closer look at the people who may succeed Jerome Powell as the next Federal Reserve chair reveals a list of candidates with both pros and cons.
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