Fed, Trump and interest rate
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The Federal Reserve is kicking off its FOMC meeting on Tuesday and will announce its decision on interest rates on Wednesday. Wolfe Research chief economist Stephanie Roth and MassMutual head of investment strategy Kelly Kowalski join Market Catalysts to discuss why it makes sense for the Fed to stay on hold as the data unfolds.
Credit card rates are high right now, but will they start to decline after this week's Federal Reserve meeting?
The conclusion of the Federal Reserve’s policy meeting on Wednesday could produce a historic dissent. If so, investors should be prepared to do, well, nothing, according to one Wall Street veteran.
The Federal Reserve kicks off its July meeting on Tuesday, with Fed Chair Jerome Powell set to speak on Wednesday and deliver the central bank's latest interest rate decision. Markets are largely expecting the Fed to hold rates steady,
The U.S. central bank, to President Donald Trump's chagrin, will likely leave interest rates unchanged at a policy meeting this week, but that's not to say there won't be a vigorous debate, with one if not two Federal Reserve governors possibly casting a rare dissent in support of lower borrowing costs.
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Even while the Fed left its benchmark rate unchanged, many consumer rates have fluctuated over the first half of the year.
Jerome Powell has been President Trump’s No. 1 target as Trump demands lower interest rates, but other policymakers are also part of each rate decision.
The Federal Reserve, by not cutting interest rates, is risking the creation of a deflationary downturn called a Kindleberger Spiral, a leading bond manager says.