News

Why Trump's push for a 1% Fed policy rate could spell trouble for US economy
A Fed policy rate that low is not typically a sign that the U.S. is the "hottest" country in the world for investment, as ...
Trump says cutting interest rates will make homebuying cheaper. It's not that simple
President Trump argues that the Federal Reserve should cut interest rates to make buying a house cheaper. Former Labor Secretary Robert Reich warns that could backfire.
Did Trump push boundaries of politically independent central bank with Fed visit?
The Federal Reserve is meant to operate independently from politics in order to stay true to its congressionally mandated ...
Trump tariffs push up inflation despite pressure on Fed to cut rates
The White House has been trumpeting the absence of tariff-related price hikes as a sign that the president’s agenda is ...
Trade Wars, Rates Push US Small Farm Bankruptcies to 5-Year High
After years of low crop prices and rising costs, America’s small farmers are facing a crisis brought on by higher interest rates, Trump’s trade war and dramatically reduced demand from China.
What Powell is telling allies as Trump pressures him to resign
Federal Reserve Chair Jerome Powell has told multiple associates and allies that there’s no chance he will bow to President ...