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Mortgage rates inch closer to 7% after Fed rate cut and Trump’s win
The big picture: The housing market is still trying to understand what a second Trump presidency means, and how the Federal ...
US inflation rose 2.6% in October — higher than a month earlier — as Fed weighs further rate cuts
The Consumer Price Index rose 2.6% versus a year ago in October — falling in line with expectations, the Labor Department ...
Fed Cuts Interest Rates Again—But Uncertainty Swirls As Trump Policies Could Fuel Inflation
The Fed lowered rates by 25 basis points to a 20-month low, but economists say tariffs may throw a wrench in the rate cutting ...
How Trump will transform banking regulation — even with Powell at the Fed
Regulatory change takes time, but Trump can make several moves immediately to gain control of bank supervision and M&A ...
Fed up with the economy, Americans turn to Trump, giving him election sweep of swing states
President-elect Donald Trump won Pennsylvania after losing the state in 2020. Scott Pelley visited to find out what was ...
Trump is poised to make the Fed's job a lot harder
Trump's plans for tariffs could stoke inflation and make the Fed's interest-rate decisions more complicated.
What Trump’s Win Means for Fed Independence
Donald J. Trump spent his first presidency on a collision course with America’s central bank. Will it intensify?
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Fed Chair Jerome Powell says he won't resign if Donald Trump asks him to step down
Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald ...
Fed cuts rates again, but Trump's tariff plan sparks inflation fears and market uncertainty
Additional rate cuts aren't as clear, though, as Donald Trump's proposed widespread tariffs could slow down the Fed's ...
Forget a Soft Landing. The Fed’s Biggest Challenge May Be Trump.
The chair of the Federal Reserve made clear he would not resign, even under pressure. But pressure from the White House is ...
Trump Enters Just as the Fed Is Shifting Its Focus
After a single-minded focus on bringing inflation down, the central bank has pivoted toward achieving a soft landing.
Fed's Kashkari says Trump tariffs could reheat inflation if they provoke global trade 'tit for tat'
Donald Trump unleashed China tariffs during his first term that essentially sparked a trade war after the country retaliated ...