The Federal Reserve ignored Trump’s interest rate demands — and he’s not taking it well
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
Why Americans still can’t get cheaper mortgages, car loans or card balances after three Fed rate cuts
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
CNN6d
The Federal Reserve ignored Trump’s interest rate demands — and he’s not taking it well
The Federal Reserve kicked off ... make it cheaper for people to borrow money, often giving a boost to a president’s favorability. But lowering interest rates can also fuel higher inflation.
Fed Holds Interest Rates: What Small Businesses Can Expect In The 1st Quarter Of 2025
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth ...
Why are mortgage rates still so high? There’s something more important than Fed policy at work
The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.
CNET6d
The Fed Voted to Hold Rates Steady. Your Credit Card's APR Likely Won't Change Either
Average APRs have inched down slightly, but you should focus on lowering your credit card balance as soon as you can.
Philippine Daily Inquirer6d
US Fed hold rates steady, sees inflation as ‘elevated’
WASHINGTON, DC — The US Federal Reserve ... banks in developed countries are cutting their interest rates. The European Central Bank, for example, is widely expected to reduce borrowing costs ...
Rappler2d
Bangko Sentral plans 200-bps cut in banks’ reserve ratio, 50-bps policy rate drop
The RRR is a monetary policy tool which regulates the amount of reserves commercial banks ... Federal Reserve and cut the benchmark rate by 75 bps or 25 bps per quarter, saying it would be too much.
Survey: Almost half of loan applicants have been denied over the past 12 months
Nearly half of Americans (45 percent) said they have applied for a loan or financial product in the past 12 months since ...
The Fed didn’t budge on rates. Here’s why that matters for your bank accounts
Most people pay little attention to the Federal Reserve and monetary policy. But they have an outsized impact on your bank ...
How Taiwan became a quiet bond market superpower
Starting in the early 2000s, Taiwan started to run large current account surpluses of 5- 7 per cent of GDP. That’s big. At ...