Federal Reserve likely to air divisions
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The president is already reshaping the economy with his sprawling tariff policy. Now he wants the Federal Reserve to fall in line.
The Fed’s decision on interest rates affects many types of consumer borrowing costs, from credit cards and mortgages to auto loans.
A federal judge on Monday denied a request by a Donald Trump ally to force the Federal Reserve committee responsible for directing US monetary policy to make its meetings publicly accessible and accused an investment firm of wasting the court’s time.
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Scripps News on MSNWhat is the Federal Reserve's role in shaping US monetary policy?On Wednesday, Federal Reserve Chairman Jerome Powell will announce the bank's interest rate decision. But what is the Federal Reserve and what is its function in shaping U.S. monetary policy?
The consensus view is that the Fed will hold interest rates steady in its July meeting; however, there seems to be a push for a signal cut of .25% among economists, and even some Fed board members. We will be watching whether the July hold is unanimous, or if one or two members dissent.
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Sen. Rand Paul, R-Ky., discusses the Maryland I.C.E. sit-ins for protest and Federal Reserve policy on 'America Reports.'
Bitcoin price was stuck in a tight range today, July 29, as most market participants focused on the upcoming Federal Open Market Committee (FOMC) decision
The Fed is seen as virtually certain to leave interest rates unchanged despite intense pressure from President Donald Trump and his allies on Chair Jerome Powell to deliver a cut.