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Trump Wants a 3-Point Fed Rate Decrease. But You Can't Always Get What You Want.
The right to freedom of speech allows Trump to make demands of the Fed to his heart's content. But legally, he cannot compel the central bank to lower its benchmark interest rate. The Fed has the right to act independently, and its aim is to promote a healthy and stable economy by keeping inflation in check.
The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
2don MSN
Federal Reserve Governor Chris Waller said on Thursday said he favors cutting the Fed's policy rate in July. He also ...
Fed Chair Jerome Powell has sketched out new conditions that could trigger rate cuts by summer’s end, but inflation remains a ...
Federal Reserve Chair Jay Powell has reiterated that rate decisions will be data-driven — by inflation, and employment.
The U.S. central bank’s decision to hold interest rates steady in June was unanimously supported, but officials were starting ...
Federal Reserve governor Christopher Waller said Thursday that the central bank should consider cutting interest rates at its ...
The latest round of tariff threats from President Trump could spark fresh concerns about inflation, which might force the ...
Fannie Mae now expects rates around 6.5% by the end of 2025 and 6.1% by the end of 2026.
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