News

Trump calls Fed Chair Powell a 'knucklehead,' says interest rates should be below 1%
President Donald Trump renewed his criticism of Federal Reserve policy under Jerome Powell, calling the chair a "knucklehead" ...
Trump says Federal Reserve should lower interest rates to less than 1%; Is it normal?
Trump urged the Federal Reserve to lower interest rates to 1%, but economists argue this could backfire, risking inflation & ...
White House ramps up pressure on Fed's Powell three weeks before next interest rate decision
President Donald Trump’s pressure campaign against the Federal Reserve and Chair Jerome Powell to lower interest rates ...
Trump urges rate cuts to boost savings, but Fed says economy is strong
Economic experts say the Federal Reserve is unlikely to cut rates despite President Donald Trump's demands due to uncertainty ...
Fed’s Hammack supports wait-and-see posture on rates
Federal Reserve Bank of Cleveland President Beth Hammack said she wants to see inflation lowered further before she’d support ...
Inflation is finally supposed to show a tariff-related increase. The Fed still might cut interest rates anyway.
Where’s all the inflation from the Trump trade wars? So far, the evidence really hasn’t shown up — but many economists say it ...
Trump official criticizes Fed chief Jerome Powell for "ostentatious" office renovations, as Trump takes aim over interest rates
A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as ...
Why Isn't the Fed Cutting Interest Rates? What To Know
The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
Will The Fed Lower Interest Rates In July? Policymakers Are Split, FOMC Minutes Show
The newly published meeting minutes highlighted a divide over how Federal Reserve officials expect the economy to respond to ...
PolitiFact3d
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 ...
Why I'm Not Opening Any CDs in July 2025 -- Even With Rates Over 4%
CD rates are still quite high, but I've got better places to park my money to meet my short-term and long-term money goals.