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Top Fed Official Backs Jul. Rate Cut

Fed's rate-cut delay intact as inflation fears override Trump pressure

The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later this month, with data showing fresh signs of higher inflation and President Donald Trump intensifying his demands for lower borrowing costs.

The New York Times · 1d

Top Fed Official Backs July Rate Cut as Trump Ramps Up Pressure

Christopher Waller, a potential contender to be the next chair of the central bank, said the Federal Reserve should not wait for the labor market to weaken to reduce interest rates.

CNN on MSN · 1d

A top Fed official, considered a candidate to replace Powell, keeps calling for a rate cut this month

“With inflation near target and the upside risks to inflation limited, we should not wait until the labor market deteriorates before we cut the policy rate,” he said. “I believe it makes sense to cut the (Fed’s) policy rate by 25 basis points two weeks from now.” (Twenty-five basis points equals one quarter of an interest rate point.)

12hon MSN

Fed's Waller Calls for July Interest Rate Cut

Federal Reserve Governor Christopher Waller said policymakers should cut interest rates this month to boost a job market that ...

CBS News2y

Fed hikes interest rates a quarter point: What it means for your money ...

The Fed raised its key short-term rate by one-quarter of a percentage point, bringing its target rate to a range of 4.5% to 4.75%, the highest level since late 2007.

1don MSN

Federal Reserve's Waller says central bank should cut rates at next meeting

A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, ...

Reuters2y

Fed faces broader debate as it tees up rate hike | Reuters

Since the Federal Reserve decided to keep interest rates on hold at its June 13-14 policy meeting, U.S. central bank officials have given every indication they are ready to approve another small ...

1don MSN

Will home equity loan rates fall after the July Fed meeting? Lending experts weigh in

If you're thinking about tapping your home's equity, make sure you understand what could happen with rates soon.

Wall Street Journal7mon

Fed Rate Cut and Your Money: What You Need to Know - The Wall Street ...

The Federal Reserve voted to cut its federal funds rate Wednesday, marking the central bank’s third consecutive rate cut. ... Federal Reserve Cuts Rates: What It Means for Your Money in 2025 ...

USA Today7mon

Fed trims interest rate by quarter point, predicts just 2 cuts in 2025

The Fed trimmed a key interest rate by a quarter percentage point, its third straight rate cut. But it forecast fewer 2025 cuts amid inflation uptick. What to know 📋 How to talk money 🤑 💸 ...

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