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Despite pressure from President Donald Trump to slash interest rates, the Federal Reserve was expected to stick to its ...
Mortgage rates are now higher than they were when the Fed cut. A range of factors can affect longer-term Treasury rates, including expectations for future growth and inflation, as well as the ...
With inflation not far from the Fed’s 2% target for now, Trump and Treasury Secretary Scott Bessent argue that the Fed could reduce its rate. The Fed pushed it higher in 2022 and 2023 to fight ...
But will it remain that way for much longer? And should prospective borrowers take any preemptive action now, before the Fed meets again in May? That's what we'll examine below. While it may not ...
Now back in office, Mr. Trump has again begun berating Mr. Powell and the Fed, urging them to lower borrowing costs. But the economic circumstances today are drastically different from those of ...