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Fed, Trump and interest rates

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%.

Fortune on MSN · 2d

A vacancy on the Fed is opening early as Trump urges board to ‘assume control’ if Powell doesn’t cut rates

In the press conference following the Fed’s decision to keep rates unchanged, Powell hesitated to guide toward a rate in the coming months. He struck a hawkish tone, according to a note by Bank of America’s macroeconomics team, putting a damper on investor hopes that the FOMC’s next meeting in September could bring a rate cut.

The New York Times · 4d

Trump’s Fight With the Fed Won’t End With Rate Cuts

President Trump wants the Fed to slash borrowing costs, but the central bank is unlikely to take such aggressive steps even once it begins to lower interest rates.

Trump, jobs data

Bloomberg on MSN · 2h

Trump to Name New Fed Governor, Jobs Data Head in Coming Days

President Donald Trump said he will announce a new Federal Reserve governor and a new jobs data statistician in the coming days, two appointments that may shape his economic agenda amid anxiety over the trajectory of global growth.

UPI News on MSN · 21h

Economists defend labor data chief fired by Trump

Economists are defending Bureau of Labor Statistics commissioner Erika McEntarfer, who was fired by President Donald Trump on Friday over the July jobs report.

CNBC on MSN · 1h

Trump stokes conspiracies about jobs data, as White House defends firing BLS chief

The comments are the latest effort by the White House to undercut economic data that does not fit within Trump's political narrative.

Trump, Tariff and trade

The New York Times · 1d

Trump’s Tariffs Are Making Money. That May Make Them Hard to Quit.

The tariffs are a substantial new source of revenue for the federal government. The budget may start to depend on it.

US Trade Advisor Says Trump Tariff Rates Unlikely To Change

New US tariff rates are "pretty much set" with little immediate room for negotiation, Donald Trump's trade advisor said in remarks aired Sunday, also defending the president's politically driven levies against Brazil.

Trump trade adviser: Trump’s tariff rates ‘pretty much set’

U.S. Trade Representative Jamieson Greer said in an interview set to air Sunday that President Trump’s newly announced tariff rates are “pretty much set” and the public should not expect them to come down in the near future.

2hon MSN

Trump Implies Departing Kugler Agreed With Him on Fed Policy. Her Speeches Suggest Otherwise.

P resident Donald Trump suggested late Sunday that Federal Reserve Gov. Adriana Kugler, who announced her surprise ...

22mon MSN

Wall Street rebounds as Fed rate cut bets intensify on weaker payrolls

Wall Street's main indexes bounced back on Monday after a sharp pullback in the previous session, buoyed by growing ...

2don MSN

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 of Governors. Two of his prior ...

Espresso on MSN4h

Donald Trump continues his attacks on the Fed Chairman

Trump has demanded that the Federal Reserve’s board of governors take control away from Fed Chair Jerome Powell over not ...

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