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How an inflation uptick and Trump’s pressure complicate the Fed’s interest rate decision
A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of President Trump’s tariffs. It will play into decisions by the Federal Reserve about when and whether to cut interest rates and comes as the president and his team have ramped up their pressure campaign on Fed Chair Jerome Powell.
Trump urges Fed to lower interest rates as new inflation data shows slight rise
President Trump is urging the Federal Reserve to lower interest rates following the release of Consumer Price Index (CPI) data for June, which shows a 0.3% increase. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
The average rate on 30-year fixed home loans increased to 6.72% for the week ending July 10, up from 6.67% last week.
Whether you're buying a new home or considering mortgage refinancing, the main question is the same right now: When will ...
Headwinds for mortgage rates arrived Tuesday in the form of rising inflation, which likely ends the faint hopes of a Fed rate ...
CNBC's "Closing Bell" team discusses what to expect from upcoming bank earnings with Stephen Biggar, director of financial ...
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trump criticizes jerome powell over interest rates, july 2025President Trump criticizes Jerome Powell's handling of interest rates before departing the White House in July 2025, saying ...
WASHINGTON, July 9 (Reuters) - U.S. President Donald Trump on Wednesday called on the Federal Reserve to lower the federal ...
The average rate on 30-year fixed home loans decreased to 6.67% for the week ending July 3, down from 6.77% last week.
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
New Zealand’s savings, borrowing and investment behaviour is likely to change as its population ages, affecting interest ...
Tennessee announces a new maximum effective interest rate of 11.50% for loans, reflecting a 4% increase over the current ...
Three of the four largest banks in the U.S. together reported a mixed picture of how much money they made from interest ...
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