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Fed, interest rates and Trump

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%.

USA TODAY · 2d

Did the Fed cut interest rates Wednesday? No, but here's when they might

Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts think rates are headed.

The New York Times · 1d

Fed Dissenters Defend Call for July Rate Cut as Trump Intensifies Attacks

The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from members of the powerful Board of Governors since 1993.

Fed Governor Adriana Kugler resigns early in boost for Trump

CNBC on MSN · 1d

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. Two of his prior appointments, Christopher Waller and Michelle Bowman, voted against the decision at Wednesday's meeting to hold the Fed's key rate steady, instead indicating they wanted to lower. Kugler was absent for the vote.

Bloomberg on MSN · 1d

Fed Governor Kugler to Resign, Opening Spot for a Trump Pick

Federal Reserve Governor Adriana Kugler will step down from her position on the central bank’s board, the Fed announced Friday, handing President Donald Trump a sooner-than-anticipated opportunity to install a new policymaker who aligns with his vision for interest rates.

The Wall Street Journal on MSN · 1d

Federal Reserve Governor Adriana Kugler to Resign

Kugler’s departure creates an opportunity for President Trump to nominate a potential successor to Fed Chair Jerome Powell.

1don MSN

Weakening US jobs market hits center of Fed rate policy debate

Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...

1d

Weak Jobs Report Raises Chances of a September Interest Rate Cut

The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market ...

1don MSN

Is credit card debt forgiveness still worth it with interest rates paused?

Fed rates stayed put in July, but does that change the route you should take to deal with your credit card debt?

2don MSN

Fed's reticence on rate cuts forces market to rethink outlook

The Federal Reserve's decision to avoid signaling imminent rate cuts despite relentless political pressure underscores its ...

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