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Trump Rages at Fed Chair Powell

NBC News on MSN · 2d

Fed holds interest rates steady as two Trump appointees vote to cut them

Fed Chair Jerome Powell said the economy is solid — and that it's also too early to tell how tariffs will affect it.

ABC News on MSN · 2d

Fed holds interest rates steady, Chair Powell says Fed independence 'very important'

The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump made an unusual visit to the central bank, calling for a rate cut. Speaking at a press conference in Washington, D.C., on Wednesday, Fed Chair Jerome Powell advocated for the independence of the Federal Reserve.

The New York Times · 17h

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.

2 Fed dissenters said they're worried about job market

Insider on MSN · 14h

Here's the case for lower rates from the Fed's 2 dissenting voices

The Fed opted against cutting rates, but a rare dissent from two governors says the central bank risks being too late amid a cooling labor market.

MarketWatch · 16h

The two Fed dissenters said they're worried about job market

The two dissenters from the Federal Reserve's decision to hold policy steady both said they wanted lower rates because of concerns about the labor market. Fed Vice Chair Michelle Bowman said the labor market "shows increasing signs of fragility.

Reuters · 12h

Weakening US jobs market bolsters dissenting Fed officials' position

Two Federal Reserve governors who favored an interest rate cut at the U.S. central bank's policy meeting this week said on Friday they did so largely due to rising concerns about the job market, in statements made public right before the release of hiring data that bolstered their position.

Trump to appoint new Fed board member

CNBC on MSN · 9h

Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates

Federal Reserve Governor Adriana Kugler announced Friday she is stepping down from her role at the central bank, creating an important vacancy at a time when President Donald Trump is pushing for lower interest rates.

USA TODAY on MSN · 6h

Trump to appoint new Fed board member after governor Kugler announces resignation

Federal Reserve governor Adriana Kugler is stepping down from the central bank's board, giving President Donald Trump the chance to appoint an early replacement amid his monthslong campaign to badger Fed officials into lowering interest rates.

The Washington Post on MSN · 6h

Fed governor to resign early, handing Trump immediate opening on board

Federal Reserve governor Adriana Kugler is stepping down from her position early, creating an unexpected opening for President Donald Trump to shape the central bank.

Did the Fed cut interest rates Wednesday? No, but here's when they might

Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts ...

15h

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 ...

The Fed Splits Into Three Camps on Interest Rates. These Are the Dividing Lines.

Federal Reserve officials are split into three camps over what economic evidence they need before resuming interest-rate cuts ...

Fed leaves short-term rates the same but it doesn't mean all rates aren't budging

The Federal Reserve keeps short-term rates the same in July, holding rates as is for the fifth meeting in a row. What's next ...

10hon 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 ...

10h

Mortgage Rate Outlook: Should You Lock Now Or Wait For Possible Fed Cuts?

Americans shopping for a mortgage may want to hold tight for now. At its July 30 meeting, the Federal Reserve did not deliver ...

11hon 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?

11hon MSN

Canadian dollar pares weekly decline as Fed rate cut bets surge

The Canadian dollar rebounded from a two-month low against its U.S. counterpart on Friday as weaker-than-expected U.S. jobs ...

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Trump Rages at Fed Chair Powell

2 Fed dissenters said they're worried about job market

Trump to appoint new Fed board member

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