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Trump Suggests that President Should Have a ‘Say’ in Interest Rates
Posted inFederal Reserve System Inflation (Economics) Interest Rates Powell, Jerome H Presidential Election of 2024 Trump, Donald J United States Economy United States Politics and Government

Trump Suggests that President Should Have a ‘Say’ in Interest Rates

Donald J. Trump suggested presidents should have input on interest rates, a comment likely to stoke fears that he could try to limit the Federal Reserve’s political independence.
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Posted by By Jeanna Smialek
30-Year Home Mortgage Rate Falls to 6.47%
Posted inCredit and Debt Federal Home Loan Mortgage Corp (Freddie Mac) Government Bonds Interest Rates Mortgages Real Estate and Housing (Residential) United States Economy

30-Year Home Mortgage Rate Falls to 6.47%

The key mortgage rate had its biggest one-week decline of the year, falling to the lowest level in 15 months.
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Posted by By Danielle Kaye
Fed Rate Cuts Are Expected Soon, as Inflation Cools. But Will They Be Early Enough to Avoid a Recession?
Posted inFederal Reserve System Inflation (Economics) Interest Rates United States United States Economy

Fed Rate Cuts Are Expected Soon, as Inflation Cools. But Will They Be Early Enough to Avoid a Recession?

The Federal Reserve was about to cut interest rates, turning the corner after a long fight with inflation. But now, its soft landing is in question.
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Posted by By Jeanna Smialek
Why Japan Was Crushed Most in the Global Market Rout
Posted inBank of Japan Banking and Financial Institutions Currency Economic Conditions and Trends Interest Rates Japan Nikkei Stock Average Stocks and Bonds Tokyo (Japan) Tokyo Stock Exchange Topix.net

Why Japan Was Crushed Most in the Global Market Rout

The fragility of a more-than-year-long stock rally in Japan, fueled in part by a weak yen, has been exposed by the sudden strengthening of the currency.
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Posted by By River Akira Davis

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