On Friday’s broadcast of the Fox Business Network’s “The Bottom Line,” former Trump Economic Adviser Stephen Moore stated that now might not be the best time to lower rates because of a potential bump in inflation due to a spike
On Friday’s broadcast of Newsmax TV’s “Carl Higbie Frontline,” former Trump Economic Adviser Stephen Moore said that he wants to see lower interest rates, but getting that primarily depends on cutting government spending, not actions from the Federal Reserve. Moore said,
Mortgage rates fell below six percent this week, the lowest since September 2022.
Homebuilder sentiment slipped for a second straight month in February as builders cited persistent affordability pressures, including high house price-to-income ratios, mortgage rates above six percent, and elevated land and construction costs.
President Donald Trump is set to announce his pick for chair of the Federal Reserve next week.
President Donald Trump on Thursday wrote that Federal Reserve Chairman Jerome Powell has refused to cut interest rates, which is hurting the American economy and costing the country hundreds of billions of dollars in interest expense.
The Federal Reserve held interest rates unchanged on Wednesday in a 10-2 vote, with officials pointing to signs of stabilization in the labor market as they signaled a pause in monetary easing.
During an interview with CNBC aired on Wednesday’s “Closing Bell,” President Donald Trump remarked that the 10% credit card interest rate cap he supports “sounds like” something New York City Mayor Zohran Mamdani (D) came up with. Trump said, “[O]ne-year
On Monday’s broadcast of the Fox Business Network’s “Varney & Co.,” former Trump Economic Adviser Stephen Moore responded to President Donald Trump pushing for a cap on credit card interest rates by saying that “wage and price controls are always, always,
On Monday’s broadcast of NewsNation’s “The Hill,” Sen. Roger Marshall (R-KS) defended interest rate caps for credit cards and responded to a question on if he supports price controls now after criticizing them in the past by saying, “I think
Federal Reserve Bank of Atlanta President Raphael Bostic dissented from the Federal Open Market Committee’s December rate cut, warning that the Fed’s credibility on inflation “could be at stake.”
Tuesday’s chaotic employment report had something for everyone from hawks to doves, bulls to bears.
The Federal Reserve’s latest Summary of Economic Projections reveals that the inflation hawks have stood down, and Fed Governor Christopher Waller was right all along.
A Trumpier Fed Isn’t An Inflation Threat The financial press has been trying its best for months to gin up a panic over the independence of the Federal Reserve. We’ve had a number of dress rehearsals for the supposed death
President Donald Trump said Wednesday that he would “love to fire” Federal Reserve Chairman Jerome Powell, whom he has long criticized for what he sees as a failure to cut interest rates fast enough.
The Federal Reserve spent 2025 worried about the wrong problem, mistakenly holding back on rate cuts out of fear that Trump’s tariffs are an inflation threat.
A new paper from the Federal Reserve Bank of San Francisco suggests that the economic establishment’s narrative that tariffs drive up inflation is wrong.
Federal Reserve hawks may be on the verge of making a reckless bet based on incomplete information.
White House press secretary Karoline Leavitt blasted members of the White House press pool on Friday, saying that they refuse to cover President Donald Trump’s progress and efforts to make goods more affordable for Americans.
Yesterday we explored how the battle over rate cuts has scrambled old alliances inside the Federal Reserve. Today we look closer at what’s driving that split and what it means for markets.
Donald Trump gained an unexpected ally Monday in his fight with the Federal Reserve: Governor Lisa Cook, the Fed official he attempted to fire this summer.
The Federal Reserve reduced its interest rate benchmark by a quarter-point for a second time this year on Wednesday, bringing the short-term borrowing rate to a range of 3.75 percent to four percent.
The National Association of Realtors said Monday its Pending Home Sales Index increased 4.0 percent to 74.7 from July
When economists talk about immigration, they usually focus on jobs, wages, or fiscal costs. Federal Reserve Governor Stephen Miran wants to add another dimension: interest rates.
On Wednesday’s broadcast of NewsNation’s “On Balance,” House Ways and Means Committee Chairman Rep. Jason Smith (R-MO) stated that “People are struggling, and it’s because of multiple factors, but high interest rates, they need to come down. A quarter point
For two years in a row, the cheerleaders of Bidenomics assured us that any discontent was in our heads—a trick of bad vibes and social media. It turns out the voters were right, and the official statistics were wrong.
On Friday’s edition of NBC’s “Meet the Press Now,” White House National Economic Council Director Kevin Hassett stated that “when we’re looking at all of the indicators, it’s looking like things are running very smoothly and that the economy is
The most important development for reading employment data isn’t coming from the Bureau of Labor Statistics. It’s coming from immigration policy.
The Bank of England cut its main interest rate Thursday by a quarter percentage point to 4% to bolster the sluggish UK economy.
On Friday’s broadcast of the Fox Business Network’s “Bottom Line,” former Trump Economic Adviser Stephen Moore stated that Federal Reserve Chairman Jerome Powell keeping rates too high has hurt the economy and “some of the tariff turmoil that we saw…really
Treasury Secretary Scott Bessent said during a Breitbart policy event event on Wednesday that the Federal Reserve could use a “little imagination” to lower interest rates.
President Donald Trump said Friday that he expects Federal Reserve Chairman Jerome Powell to soon start lowering interest rates after their meeting at the Fed on Thursday.
Sales of newly built single-family homes in the United States rose slightly in June but remained well below expectations, as elevated mortgage rates and affordability concerns continued to weigh on demand. The U.S. Census Bureau and the Department of Housing
The nation’s job creators are operating with one hand tied behind their backs due to the ongoing high-interest rate environment.
Waller says that tariffs will not create lasting inflation and the Fed should cut at its meeting later this month.
On Tuesday’s broadcast of NewsNation’s “The Hill,” Rep. Ryan Zinke (R-MT) said that tariffs ultimately have to lead to trade deals with the E.U. and China and “having tariffs out there, even though there’s more income coming into the Treasury,
In a recent series of Truth Social posts, the president made the case that the strength of the U.S. economy justifies lower interest rates.
President Donald Trump declared Thursday that the United States is officially “back” and called on the Federal Reserve to lower interest rates.
High interest rates are increasingly a drag on the housing market.
The Fed chair once warned against using speculative forecasts to drive policy. Now he’s doing exactly that.
