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Fed Dissenters Defend Call for Jul. Rate Cut

Mortgage Interest Rates Today: Mortgage Rates Dip Slightly Even as Fed Holds Steady on Cuts

The average rate on 30-year fixed home loans registered 6.72% for the week ending July 31, down slightly from 6.74% last week.

USA TODAY · 3d

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 · 2d

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.

Trump to appoint new Fed board member

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.

USA TODAY on MSN · 1d

Trump to appoint new Fed board member after governor Kugler announces resignation

Federal Reserve governor Adriana Kugler is stepping down from the central bank's board, giving President Donald Trump the chance to appoint an early replacement amid his monthslong campaign to badger Fed officials into lowering interest rates.

The Washington Post on MSN · 1d

Fed governor to resign early, handing Trump immediate opening on board

Federal Reserve governor Adriana Kugler is stepping down from her position early, creating an unexpected opening for President Donald Trump to shape the central bank.

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

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 ...

3don MSN

Federal Reserve holds key interest rate steady for fifth straight meeting despite Trump's pressure

The Fed left its benchmark interest rate unchanged following its July policy meeting amid uncertainty over the impact of ...

3don MSN

Fed holds interest rates steady, Chair Powell says Fed independence 'very important'

The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump made an unusual visit to ...

20h

Mortgage Rates Dropped Ahead of This Week's Fed Meeting—But the Link May Be Weaker Than You Think

Mortgage rates have dropped, but it's not likely tied to the latest Fed news. Here’s why waiting for a Fed rate cut could be ...

Hassett on Trump’s next Fed chair: ‘We’ll have to see if he chooses me’

Director Kevin Hassett signaled in a Sunday interview that he is open to succeeding Federal Reserve Chair Jerome Powell if he ...

2don 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?