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Trump calls on Fed board to take 'control' if rates not cut

Mortgage Interest Rates Today: Mortgage Rates Dip Slightly Even as Fed Holds Steady on Cuts

The average rate on 30-year fixed home loans registered 6.72% for the week ending July 31, down slightly from 6.74% last week.

USA TODAY · 3d

Did the Fed cut interest rates Wednesday? No, but here's when they might

Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts think rates are headed.

NBC News on MSN · 3d

Fed holds interest rates steady as two Trump appointees vote to cut them

Fed Chair Jerome Powell said the economy is solid — and that it's also too early to tell how tariffs will affect it.

Trump, Fed

CNBC on MSN · 2d

Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates

Her resignation now paves the way for Trump to put his own nominee in for the board. Two of his prior appointments, Christopher Waller and Michelle Bowman, voted against the decision at Wednesday's meeting to hold the Fed's key rate steady, instead indicating they wanted to lower. Kugler was absent for the vote.

The New York Times · 2d

Fed Governor Steps Down Early, Giving Trump Opportunity to Shape Central Bank

The resignation comes as President Trump has openly pressured the central bank to lower interest rates and called for Jerome H. Powell, the chair, to step down.

Daily Press · 1d

Trump calls on the Federal Reserve board to take full control of the central bank from Powell

President Donald Trump on Friday called for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell, criticizing the head of the U.S. central bank for not cutting short-term interest rates.

2don MSN

Weakening US jobs market hits center of Fed rate policy debate

Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...

2d

Weak Jobs Report Raises Chances of a September Interest Rate Cut

The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market ...

4don MSN

Federal Reserve holds key interest rate steady for fifth straight meeting despite Trump's pressure

The Fed left its benchmark interest rate unchanged following its July policy meeting amid uncertainty over the impact of ...

4don MSN

Fed holds interest rates steady, Chair Powell says Fed independence 'very important'

The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump made an unusual visit to ...

3don MSN

Fed's reticence on rate cuts forces market to rethink outlook

The Federal Reserve's decision to avoid signaling imminent rate cuts despite relentless political pressure underscores its ...

2don MSN

Is credit card debt forgiveness still worth it with interest rates paused?

Fed rates stayed put in July, but does that change the route you should take to deal with your credit card debt?

2don MSN

The two Fed dissenters say worries about labor market led them to push for lower rates

The two Federal Reserve governors who dissented from the central bank’s decision to hold interest rates steady this week said ...

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