Fed, interest rate
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Strategas' Dan Clifton and New Century's Claudia Sahm, joins 'The Exchange' to discuss the Fed, rate cuts and market reaction to the latest headlines between Trump and Fed Chair Powell.
The inflation gauge the Federal Reserve relies on most to decide whether to raise or lower U.S. interest rates is likely to cement a decision by the central bank to stand pat at its next meeting at the end of July.
The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to 2.7% on an annual basis as prices rose for consumers.
If you're thinking about tapping your home's equity, make sure you understand what could happen with rates soon.
President Trump has been very vocal about wanting Federal Reserve Chairman Jerome Powell to cut rates. But Yardeni Research president Ed Yardeni doesn't think the central bank should cut at all this year.
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Some investors had clung to a bit of hope that the Federal Reserve would cut interest rates at its next meeting on July 30. Tuesday's report on inflation brought the chances of that down even further.
Whether you're buying a new home or considering mortgage refinancing, the main question is the same right now: When will rates drop? The interest rate environment has remained elevated across various lending products,
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Bank of Cleveland President Beth Hammack said that she does not see an immediate reason to cut interest rates and that the U.S. economy is "really healthy."
“It’s by now widely agreed, almost all over the world: If you leave monetary policy in political hands, you’ll get too much inflation,” Alan Blinder, a professor of economics at Princeton University and former vice chairman of the Federal Reserve, told ABC News.