Trump Demands Fed Rate Cuts. Stock Markets Must Separate Reality From His Rhetoric and 5 Other Things to Know Today.
Banks have reported slower loan growth amid strong earnings, Tesla to raise Canadian car prices, and more news to start your day.
Fed prepares to pause rate cuts to avoid Trump’s ire
The Fed’s challenge this week is how to pause and communicate a data-dependent approach to future cuts without drawing the ire of Trump, who has expressed his desire for rates to come down. “The goal will be to make as least amount of news as possible as they pause, which is well televised,” KPMG chief economist Diane Swonk said.
Strong US job growth raises doubts about further Fed rate cuts
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last full month of Joe Biden's presidency and leaving Federal Reserve policymakers to puzzle over the need for more interest rate cuts in a strong economy.
Trump vs Fed: How the US central bank plans to navigate rate cuts and inflation
The US Federal Reserve is expected to announce a pause in rate cuts on Wednesday, as policymakers look to continue tackling inflation under close and
Trump’s demands on lower interest rates face a skeptical Fed, strong economy
President Donald Trump’s demands of lower interest rates are running into a Federal Reserve that has already dialed back its expectations about cutting rates and an economy that has
Trump Can't 'Demand' Lower Interest Rates From Fed
Days before the first Federal Reserve meeting of 2025, Trump said that he would "demand" lower interest rates – but the politically independent central bank isn't beholden to the president's economic wish list.
US equity fund outflows ease on renewed hopes for Fed rate cuts
Outflows from U.S. equity funds cooled to the lowest in three weeks in the week to Jan. 22, buoyed by shifting expectations ...
The Washington Post18d
If the Fed pauses rate cuts in January, it might be because of Trump, Fed minutes show
But that began to change when Powell acknowledged that some Fed officials involved in forecasting interest rate cuts this year had begun thinking through the ways Trump’s fiscal policies could a ...
Why mortgage rates are still high despite the Fed rate cuts
As mentioned, mortgage rates haven't fallen in line with the Fed's rate cuts because they depend on factors beyond the agency ...
Fed’s Waller Says Fresh Rate Cuts Possible in First Half of 2025
Federal Reserve Governor Christopher Waller said the US central bank could lower interest rates again in the first half of ...
Fed rate cuts prompt rethink: Where should you park your savings in 2025? | Dollars & Sense
A financial expert suggests reconsidering savings strategies in 2025 as high-yield savings account rates decrease.
USA TODAY on MSN10d
Inflation rose to 5-month high in December. What that means for Fed rate cuts.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
AOL4d
How Fed rate cuts affect your finances: 5 key impacts on your savings, loans and investments
The Fed wrapped up 2024 with three rate cuts in total. The central bank started with a bigger half-point cut in September, then made smaller quarter-point cuts in both November and December.
Former Kansas City Fed President: Haven't seen movement in inflation that warrants more rate cuts
Former Kansas City Fed President Esther George joins 'Squawk Box' to discuss President Trump's comments on the Fed, impact on ...
What To Expect From The Federal Reserve's Interest Rate Decision Next Week
The Federal Reserve is widely expected to hold its key interest rate steady on Wednesday as officials wait for more data that indicates inflation is cooling.