Trump, Federal Reserve and interest rate
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More jobs, more spending and continued uncertainty about tariffs. Here's how that could impact the Fed's interest rate decision this week.
President Trump has pressured Fed Chair Jerome Powell to lower interest rates. Here's what the experts think will happen at this week's monetary policy meeting.
Under normal circumstances, a pair of dissents in favor of a rate cut would be taken as a sign the Fed is taking a dovish turn, Tom Essaye, editor of Sevens Report Research, wrote in a Tuesday note. It would be signal that policymakers are moving in favor of easing, making a reduction at the next meeting a more likely event.
Hold on iShares 1-3 Year Treasury Bond ETF as short-term rates stay steady. Click to explore SHY and its potential role in your portfolio amid steady Fed rates.
The average rate on 30-year fixed home loans registered 6.74% for the week ending July 24, down just barely from 6.75% last week.
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Local banks say businesses are still taking out loans, despite elevated interest rates. In some cases, that's because they don't want to wait for rates to fall.
Sen. Rand Paul, R-Ky., discusses the Maryland I.C.E. sit-ins for protest and Federal Reserve policy on 'America Reports.'
Japan’s central bank should raise rates when its policy board meets this week, and failure to do so will weaken the yen and exacerbate inflation, said Takeshi Niinami, chief executive officer of Suntory Holdings Ltd.
Board members of South Korea's central bank said there was a need to lower interest rates and cited U.S. trade talks as a key factor to consider for the pace and timing of further cuts, at their latest meeting on July 10,
The consensus view is that the Fed will hold interest rates steady in its July meeting; however, there seems to be a push for a signal cut of .25% among economists, and even some Fed board members. We will be watching whether the July hold is unanimous, or if one or two members dissent.