Fed, Trump and rates
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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.
Federal Reserve officials are split on whether to slash interest rates as President Donald Trump favors rate cuts based on his claim that the nation’s economy is thriving.
Sen. Rand Paul, R-Ky., discusses the Maryland I.C.E. sit-ins for protest and Federal Reserve policy on 'America Reports.'
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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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.
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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?
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.