US stocks rally to records on hopes for cuts to interest rates 6abc Philadelphia Politics
Trump on Tuesday ramped up his pressure on Jerome Powell to cut interest rates, threatening to allow a lawsuit over the central bank’s $3.1 billion renovation project to move forward. Politics
The Bank of England cut its main interest rate Thursday by a quarter percentage point to 4% to bolster the sluggish UK economy. The post Bank of England Cuts Interest Rate to Four Per cent, Lowest Since 2023 appeared first on Breitbart. Politics
The monolithic thinking about tariffs and inflation at the Fed has been shattered, as Fed Governor Chris Waller shows leadership by breaking with Jerome Powell. The post Fed’s Waller Signals He May Dissent If Fed Skips July Rate Cut, Downplays Tariff Risks appeared first on Breitbart. Politics
The central bank is poised to hold interest rates steady this month, but there could be a path to cut as early as September. Politics
Youngkin touts Virginia record in Iowa, land of presidential hope The Washington Post Politics
Waller says that tariffs will not create lasting inflation and the Fed should cut at its meeting later this month. The post Fed Governor Waller Backs Trump’s Calls for Immediate Rate Cut appeared first on Breitbart. Politics
Christopher Waller, a potential contender to be the next chair of the central bank, said the Federal Reserve should not wait for the labor market to weaken to reduce interest rates. Politics
President Trump's tariffs are starting to show up in the prices that consumers pay. That contributed to an uptick in inflation last month and will make the Fed cautious about cutting interest rates. Politics
The Fed's $2.5 billion headquarters renovation is attracting mounting criticism from the Trump administration, which had been already attacking the central bank for not cutting interest rates. Politics