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Fed, interest rates

'It’s not political': Waller again calls for rate cut in July, reinforcing Fed divide
Federal Reserve governor Christopher Waller reiterated Thursday that he believes the Fed could consider cutting rates later this month because any inflation from tariffs will be temporary, underscoring a new divide within the central bank.
Fed Minutes Underscore Divisions Over Pace of Interest Rate Cuts
The U.S. central bank’s decision to hold interest rates steady in June was unanimously supported, but officials were starting to splinter over the path forward.
Fed minutes show little support for interest rate cut later this month
Only "a couple" of officials at the Federal Reserve's June 17-18 meeting said they felt interest rates could be reduced as soon as this month, with most policymakers remaining worried about the inflationary pressure they expect to come from President Donald Trump's use of tariffs to reshape global trade.
Disagreement Grows Among Fed Officials on Rate Cut Timing
The Federal Reserve, long known for its careful consensus-building, is now confronting a rare bout of internal disagreement as officials debate how to respond to the economic risks posed by President Trump’s tariffs.
Most Fed officials see rate cut as appropriate this year: FOMC minutes
With "current monetary policy moderately or modestly restrictive," Federal Reserve officials felt they are "well positioned to wait for more clarity on the outlook for inflation and economic activity,
Powell says the Fed would have cut rates this year if it weren’t for tariffs
The Federal Reserve would likely have lowered interest rates this year if it weren’t for President Donald Trump’s significant policy changes, Chair Jerome Powell said Tuesday.
Fed’s Waller Doubles Down on July Rate Cut: ‘It’s Not Political’
Federal Reserve governor Christopher Waller said Thursday that the central bank should consider cutting interest rates at its July meeting, even after a strong June jobs report.
Waller Says Fed Is Too Tight, Can Consider July Rate Cut
Federal Reserve Governor Christopher Waller says the Fed should look through the price impact of tariffs during an event hosted by the Dallas Fed.
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Fed’s Hammack Raises Inflation Concerns Amid Push For Interest Rate Cut
Fed’s Hammack comments suggest that no Fed rate cut will happen in July as inflation remains high. Odds drop below 5%.
Can the Next Fed Chair Truly Be Independent From Trump’s Influence?
The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has ...
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Trump calls on Fed to cut rate by 'at least' 3 percentage points
The probability that the rate will be cut by 25 basis points at the July 29-30 meeting stands at 6.7%, with the odds of no rate change at 93.3%, according to the CME FedWatch tool.
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'It’s not political': Waller again calls for rate cut in July ...
Trump renewed his call for a rate cut on Thursday, posting on Truth Social that the Fed should “rapidly lower the rate” to reflect the country’s strength. In the same post, he praised Nvidia ...