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A vacancy on Fed is opening early

Fortune on MSN · 2h

A vacancy on the Fed is opening early as Trump urges board to ‘assume control’ if Powell doesn’t cut rates

In the press conference following the Fed’s decision to keep rates unchanged, Powell hesitated to guide toward a rate in the coming months. He struck a hawkish tone, according to a note by Bank of America’s macroeconomics team, putting a damper on investor hopes that the FOMC’s next meeting in September could bring a rate cut.

Reuters on MSN · 22h

Trump: Fed board should assume control if Powell won't lower interest rates

U.S. President Donald Trump said on Friday the Federal Reserve board should assume control if Fed Chair Jerome Powell continues to refuse to lower interest rates. "Jerome 'Too Late' Powell, a stubborn MORON,

NBC News on MSN · 2d

Fed holds interest rates steady as two Trump appointees vote to cut them

Fed Chair Jerome Powell said the economy is solid — and that it's also too early to tell how tariffs will affect it.

2 Fed dissenters said they're worried about job market

Insider on MSN · 18h

Here's the case for lower rates from the Fed's 2 dissenting voices

The Fed opted against cutting rates, but a rare dissent from two governors says the central bank risks being too late amid a cooling labor market.

MarketWatch · 20h

The two Fed dissenters said they're worried about job market

The two dissenters from the Federal Reserve's decision to hold policy steady both said they wanted lower rates because of concerns about the labor market. Fed Vice Chair Michelle Bowman said the labor market "shows increasing signs of fragility.

Weakening US jobs market bolsters dissenting Fed officials' position

Two Federal Reserve governors who favored an interest rate cut at the U.S. central bank's policy meeting this week said on Friday they did so largely due to rising concerns about the job market, in statements made public right before the release of hiring data that bolstered their position.

2d

Did the Fed cut interest rates Wednesday? No, but here's when they might

Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts ...

19h

Weak Jobs Report Raises Chances of a September Interest Rate Cut

The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market ...

14hon MSN

Weakening US jobs market hits center of Fed rate policy debate

Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...

2don MSN

Federal Reserve holds key interest rate steady for fifth straight meeting despite Trump's pressure

The Fed left its benchmark interest rate unchanged following its July policy meeting amid uncertainty over the impact of ...

14h

Mortgage Rate Outlook: Should You Lock Now Or Wait For Possible Fed Cuts?

Americans shopping for a mortgage may want to hold tight for now. At its July 30 meeting, the Federal Reserve did not deliver ...

2d

Fed leaves short-term rates the same but it doesn't mean all rates aren't budging

The Federal Reserve keeps short-term rates the same in July, holding rates as is for the fifth meeting in a row. What's next ...

18h

US Treasuries Soar as Slower Job Growth Boosts Fed Rate-Cut Bets

Treasuries rallied, with short-term yields posting their biggest drop in a year, after softer US jobs data prompted traders ...

15hon MSN

Is credit card debt forgiveness still worth it with interest rates paused?

Fed rates stayed put in July, but does that change the route you should take to deal with your credit card debt?

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