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A vacancy on Fed is opening early

Fed Won't Budge on Interest Rate Cut Despite Trump's Demand for Mortgage Relief

As was widely expected, Fed policymakers on Wednesday left the central bank's overnight rate unchanged at a range of 4.25% to 4.5%.

Fortune on MSN · 1d

A vacancy on the Fed is opening early as Trump urges board to ‘assume control’ if Powell doesn’t cut rates

President Trump erupted on social media after the Federal Reserve held interest rates steady this week. The president called on the board to “assume control” and lower interest rates on the same day a Biden-appointed Fed governor announced her resignation.

News Tribune · 1d

Trump calls on Fed board to take full control from Powell

President Donald Trump on Friday called for the Federal Reserve's board of governors to usurp the power of Fed Chair Jerome Powell, criticizing the head of the U.S. central bank for not cutting short-term interest rates.

Trump to appoint new Fed board member

CNN on MSN · 1d

A Fed governor is resigning, opening a spot for a Trump appointee

A member of the Federal Reserve’s Board of Governors announced Friday that she is resigning several months before the end of her term, handing President Donald Trump an early opportunity to fill a key vacancy.

Reuters on MSN · 1d

Kugler resigning from Fed, opening door to Trump appointment

The Federal Reserve said on Friday that Governor Adriana Kugler is resigning early from her term and will exit the central bank on Aug. 8, potentially shaking up what was already a fractious succession process for Fed leadership amid difficult relations with President Donald Trump.

Bloomberg on MSN · 1d

Trump Says Powell ‘Should Resign’ Like Fed Governor Kugler

President Donald Trump said Jerome Powell should follow in the footsteps of Federal Reserve Governor Adriana Kugler and resign from the central bank, ratcheting up his feud with the central bank chair.

3h

Mortgage Interest Rates Today: Mortgage Rates Dip Slightly Even as Fed Holds Steady on Cuts

The average rate on 30-year fixed home loans registered 6.72% for the week ending July 31, down slightly from 6.74% last week ...

22h

Mortgage Rates Dropped Ahead of This Week's Fed Meeting—But the Link May Be Weaker Than You Think

Mortgage rates have dropped, but it's not likely tied to the latest Fed news. Here’s why waiting for a Fed rate cut could be ...

2don 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 ...

1d

The Fed's Preferred Inflation Gauge Shows Rising Price Pressures

Inflation picked up in June, as measured by the Federal Reserve's preferred gauge, reflecting the continued price pressures ...

1h

The Fed is concerned. This economist explains exactly why.

KPMG US chief economist Diane Swonk joins Market Domination with Josh Lipton to discuss what the Federal Reserve is concerned ...

3hon MSN

Top economist warns the U.S. is ‘on the precipice of recession’ — and it will be hard for the Fed to come to the rescue

"Consumer spending has flatlined, construction and manufacturing are contracting, and employment is set to fall." ...

1don MSN

Did the Fed just royally screw up?

“The labor market has become less dynamic and shows increasing signs of fragility,” Bowman wrote, adding that just few ...

8h

Economic fears of investors are here — and fed by Trump’s reaction

For months, the U.S. economy appeared to be weathering the disruptive effects of President Donald Trump’s trade and ...

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