Federal Reserve's Interest Rate Decision
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Two top Federal Reserve officials could dissent from the central bank’s likely decision Wednesday to hold its key interest rate steady, a sign of division reflecting the economy's muddy outlook as well as the jockeying to replace Chair Jerome Powell when his term ends next year.
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.
A federal judge on Monday denied a request by a Donald Trump ally to force the Federal Reserve committee responsible for directing US monetary policy to make its meetings publicly accessible and accused an investment firm of wasting the court’s time.
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Scripps News on MSNWhat is the Federal Reserve's role in shaping US monetary policy?On Wednesday, Federal Reserve Chairman Jerome Powell will announce the bank's interest rate decision. But what is the Federal Reserve and what is its function in shaping U.S. monetary policy?
Federal Reserve governor Adriana Kugler will not attend this week's meeting of the central bank's interest-rate committee, a Fed spokesperson said. Kugler will be absent due to a personal matter, the spokesperson said,
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CNET on MSNHow the Federal Reserve Actually Affects Mortgage RatesExperts predict the Fed won't start cutting rates until the fall at the earliest. That means we're not likely to see mortgage rates drop below 6.5% for a while.
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.
Sen. Rand Paul, R-Ky., discusses the Maryland I.C.E. sit-ins for protest and Federal Reserve policy on 'America Reports.'