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Trump Wants a 3-Point Fed Rate Decrease. But You Can't Always Get What You Want.
The right to freedom of speech allows Trump to make demands of the Fed to his heart's content. But legally, he cannot compel ...
PolitiFact4h
Bills to cap credit card interest rates languish in Congress
As he sought to recapture the White House in 2024, Donald Trump promised to "put a temporary cap on credit card interest rates at 10%." During his presidency, bipartisan lawmakers have introduced ...
Trump says U.S. interest rate is at least 3 points too high
WASHINGTON, July 9 (Reuters) - U.S. President Donald Trump on Wednesday called on the Federal Reserve to lower the federal ...
As Trump Calls For 3-Percentage Point Rate Cut, 'Too Late' Jerome Powell To Resign, June Fed Minutes Show 'Uncertainty' Reigns Supreme
As the minutes of the Federal Reserve’s June meeting were released on Wednesday, the word “uncertainty” reigned supreme amid ...
Possible Trump pick for Fed has a plan to cut interest rates, with a catch
Kevin Warsh, the former Fed governor considered the most likely replacement for Jerome Powell to lead the Fed, on Monday ...
Axios on MSN10h
Why Trump's mega-rate cut dreams could backfire
President Trump and a growing chorus of Republicans want the Fed to deliver big-time interest rate cuts, now. They might want ...
Stocks climb on AI and rate cut optimism, unfazed by Trump's tariff moves
Global stocks advanced on Thursday, underpinned by optimism around artificial intelligence and the prospect of upcoming ...
What Division Inside the Fed Means for Future Interest-Rate Cuts
Fed Chair Jerome Powell has sketched out new conditions that could trigger rate cuts by summer’s end, but inflation remains a ...
Trump's Tariff Threat Fails to Move the Needle on Fed Interest Rate Expectations
U.S. President Donald Trump has intensified his tariff rhetoric this week, but financial markets aren't convinced, likely ...