The U.S. central bank is widely expected to cut interest rates for the first time this year, despite the economy sending mixed signals.
Category: Interest Rates
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What the Fed’s Rate Decision Means for Loans, Credit Cards, Mortgages and More
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
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Powell Faces Challenges From Within the Fed, Too
The central bank is expected to reduce interest rates on Wednesday. But there could be a internal debate about the size of a cut , and how many more to make.
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What to Watch at the Federal Reserve’s September Meeting
The U.S. central bank is widely expected to cut interest rates for the first time this year, despite the economy sending mixed signals.
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Federal Reserve to Meet Under Cloud of Trump’s Attacks
Stephen Miran and Lisa Cook will both cast votes at the central bank’s meeting on Wednesday, where policymakers are expected to lower interest rates.
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Appeals Court Says Lisa Cook Can Remain on Fed Board
The decision came just a day before the Federal Reserve begins a two-day meeting at which policymakers are expected to cut interest rates.
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Senate Confirms Stephen Miran as Fed Governor
The Senate voted to install one of President Trump’s top economic advisers at the central bank, opening the door for him to cast a vote at this week’s meeting to set interest rates.
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As the Fed Prepares to Lower Rates, 2 Seats on Its Board Are in Limbo
The Senate looks poised to confirm President Trump’s pick to join the central bank in time for the policy meeting next week, while another governor’s fate remains up in the air.
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CPI Shows Pace of US Inflation Likely to Keep Fed Cautious on Rate Cuts
The central bank is likely to lower borrowing costs at its meeting next week amid budding concerns about the labor market.
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Republicans Race to Advance Stephen Miran, Trump’s Fed Pick, Despite White House Ties
Stephen Miran, a top economic adviser to the president, has said he intends to take a leave of absence if confirmed, heightening fears about the central bank’s independence.
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Judge Rules Fed Governor Can Remain in Role, for Now
The decision is a win for Lisa Cook, the Federal Reserve governor that President Trump sought to dismiss over allegations of mortgage fraud.