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Trump appointee at Fed doubts tariffs will fuel inflation and aligns himself with president’s vocal backing for interest-rate cuts
Waller on Friday said current U.S. inflation trends “are pretty good,” with the annual rise in consumer prices close to the Fed’s 2% target, possibly justifying an interest-rate cut at the bank’s next meeting. He is the first top Fed official to suggest a rate reduction is feasible at that July 29-30 gathering.
Federal Reserve Board made clear it isn’t moving interest rates until the impact of a major emerging economic shock is known.
Traders are weighing the possibility of direct US military involvement in the Israel-Iran war, now in its second week.
The Federal Reserve held its key interest rate steady for the fourth time this year on Wednesday, leaving its benchmark ...
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
Despite a forward P/E of 35, its 1% dividend yield and a buyback program that saw the retailer repurchase $7 billion worth of ...
1don MSN
The Federal Reserve kept its key rate unchanged Wednesday as it waits for additional information on how tariffs and other ...
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