Trump wants lower interest rates to go ‘hand-in-hand’ with tariffs, but yields are soaring after inflation data came in hot
President Donald Trump has pledged to lower borrowing costs for Americans, but hotter-than-expected inflation data on Wednesday signaled that will be easier said than done. Wall Street is reckoning with the possibility that the Federal Reserve will not cut rates at all this year,
Trump says lower interest rates would go hand-in-hand with tariffs
President Donald Trump on Wednesday said that interest rates should be lowered and that would go "hand in hand" with his upcoming tariffs, despite economists' expectations that tariffs would fuel inflation and postpone rate cuts.
Fed faces thorny decisions as it weighs when to lower interest rates amid Trump's tariffs
The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and immigration crackdown.
Powell says Trump’s comments won’t affect interest rate decisions by the Fed
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions.
Trump Calls for Lower Interest Rates as Powell Heads to Hill
President Donald Trump called for lower interest rates, seeking to raise pressure on the Federal Reserve as he moves to implement a second-term economic agenda high on tariffs and expanding tax breaks.
President Trump Again Says Interest Rates Should Be Lowered. It’s Not That Simple.
The latest remarks come just as new inflation data showed prices picking up more than expected. Federal Reserve Chair Jerome ...
Savings, CD, and Checking Account Interest Rates Today: Earn Over 4% APY
Open a new bank account today and earn a top interest rate. Our experts have researched the best rates on checking, savings, ...
Fed's Bostic: Not comfortable cutting rates again until there is more clarity on inflation, other policies
Atlanta Federal Reserve President Raphael Bostic said on Wednesday it is not clear when the Fed can cut interest rates again ...
Will mortgage interest rates fall in February without a Fed meeting? Experts weigh in
If you look at the biggest industry forecasts, analysts predict that mortgage rates will either hold steady or drop slightly ...
Trump blames Biden for hot inflation report, calls for lower interest rates as markets plunge
President Trump Wednesday blamed Biden for a hot inflation report and called for lower interest rates. The Fed is likely to ...
Today's Mortgage Rates | Rates Barely Budge
These are today's mortgage and refinance rates. Mortgage rates have held steady so far this month, and it's unclear if ...
Refinance Rates Rise, But Remain Near Their December Low
Friday, raising the average a bit from last week's seven-week low. Rates for most other refi loan types also climbed.
WSLS 102d
Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more ...