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Trump demands Powell cut interest rate

Trump threatens Fed chair Powell with 'major lawsuit,' demands interest rate cut

President Donald Trump threatened to allow a "major lawsuit" against Federal Reserve Chairman Jerome Powell to go forward. The president said on Truth Social that the lawsuit would relate to Powell's management of major renovations at the Fed's headquarters in Washington,

Fox Business · 3h

Larry Kudlow: If Powell doesn't endorse major rate cuts, he will have a massive revolt on his hands

FOX Business host Larry Kudlow discusses the Federal Reserve's interest rate moves on 'Kudlow.'

U.S. News & World Report · 9h

Trump Cites 'Major Lawsuit' Against Fed's Powell, Again Urges Rate Cut

"Jerome 'Too Late' Powell must NOW lower the rate," Trump wrote on his social media platform. "I am, though, considering allowing a major lawsuit against Powell to proceed because

Inflation Report Boosts Prospect of Fed Rate Cut

CNBC on MSN · 2h

Fed will begin cutting rates again in September, says PIMCO's Mike Cudzil

Mike Cudzil, PIMCO senior portfolio manager, joins 'Power Lunch' to discuss Cudzil's thoughts on what to expect from the Federal Reserve, if it's behind the curve and much more.

Investopedia on MSN · 8h

Inflation Report Boosts Prospect of Fed Rate Cut in September

With the job market faltering and consumer prices not surging as expected, investors increasingly believe the Federal Reserve is about to cut interest rates to boost the economy.

Coingape · 1h

Fed Should Consider 50 BPS September Rate Cut, Scott Bessent Says

Scott Bessent urges the Fed to consider a fee rate cut in September, citing soft inflation and Trump’s push for faster economic growth.

9hon MSN

Fed's policy rate should stay on hold for now, Schmid says

The U.S. central bank should not take tariffs' muted effect on inflation so far as an opportunity to cut interest rates, but ...

CPI: New inflation reading creates dilemma for Fed over cutting rates in September

A fresh reading on inflation showed tariffs are pushing goods prices higher for Americans, creating a dilemma for the Federal ...

1don MSN

One FOMC dissenter might have just called out the Fed for its shifting base interest-rate policy

Citing sharp downward revisions to U.S. job growth, Bowman reiterated her forecast for three cuts this year while warning ...

2hon MSN

Stocks hit fresh record high but US dollar weakens as Fed rate cut expectations gain momentum

World shares hit record highs on Tuesday after U.S. consumer prices data fueled expectations of an impending Federal Reserve ...

Mortgage Interest Rates Today: Mortgage Rates Drop to Four-Month Low as Pressure Mounts on Fed

The average rate on 30-year fixed home loans registered 6.63% for the week ending Aug. 7, down from 6.72% last week.

Fed to cut rates next month as tariffs give prices one-time spur: survey

A handful of Fed officials have voiced optimism since July that the highest U.S. tariffs since the 1930s will stoke just ...

12h

Today's High-Yield Savings Rates for August 12, 2025: Up to 4.60%

A high-yield savings account can help you earn the most.

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