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Powell is facing two days of what could be tough grilling on Capitol Hill, as Trump has repeatedly urged the Fed to reduce borrowing costs ...
In Fed parlance, some is more than several. Officials at the meeting updated their projections for rate cuts, expecting two this year followed by three more over the next couple years.
Most Fed officials see rate cuts coming, but opinions vary widely on how many, minutes show By Jeff Cox, CNBC • Published July 9, 2025 • Updated on July 9, 2025 at 12:11 pm ...
Rate changes translate directly to your wallet Federal Reserve rate adjustments ripple through the entire lending market. When the Fed raises rates, mortgage lenders follow suit to maintain their ...
The Fed penciled in two quarter-point rate cuts in the second half of 2025 this week. But with trade policy still highly uncertain, some central-bank officials are suggesting that the next meeting ...
The June jobs report cratered the odds for a July rate cut. Stocks cheered the strong data but dimmer rate-cut views prevented bigger gains.
Cracks in the labor market and weak consumer spending suggest rate cuts are needed, says George Goncalves.
Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced rates this year if not for potential consumer price hikes.
Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced rates this year if not for potential consumer price hikes.
Asked about Trump’s barrage of insults, Powell’s comment that the Fed was focused “100%” on its inflation and jobs target drew applause from the audience at a European Centr… ...
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