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Fed Dissenters Defend Call for Jul. Rate Cut

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 · 1d

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 · 1d

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.

1d

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 ...

1d

Municipal Bonds Rally as Investors Bet on Earlier Fed Rate Cut

Municipal bonds are rallying on Friday, along with US Treasuries, after softer US jobs data spurred bets that the Federal ...

1don 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?

2don MSN

Fed's reticence on rate cuts forces market to rethink outlook

The Federal Reserve's decision to avoid signaling imminent rate cuts despite relentless political pressure underscores its ...

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