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St. Louis Fed President Musalem sees ‘limited room’ for more interest rate cuts
Key Points St. Louis Fed President Alberto Musalem on Monday reiterated his support for last week’s interest rate cut but said he is wary about going much further. “I believe there is limited room for easing further without policy becoming overly accommodative, and we should tread cautiously” on further reductions, he said. Source
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Fed Governor Miran says he did not tell Trump how he would vote on rates this week
Key Points Fed Governor Stephen Miran told CNBC on Friday that he spoke only briefly to President Trump before this week’s interest rate decision and was not pressured on how to vote. Questions have arisen about potential conflicts for Miran taking a leave as head of the Council of Economic Advisers, rather than resigning. However, […]
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Fed’s Kashkari advocates two more rate cuts this year as he sees limited tariff impact on inflation
Key Points Minneapolis Fed President Neel Kashkari said Friday that he expects tariffs to expert minimum long-term pressure on inflation, leaving room for multiple interest rate reductions ahead. Kashkari said a weakening labor market combined with the muted impact of the duties give him reason to advocate for at least a bit easier policy. Source
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Here are five key takeaways from the Fed’s big interest rate decision
U.S. Federal Reserve Chair Jerome Powell walks away at the end of a press conference, following the issuance of the Federal Open Market Committee’s statement on interest rate policy, in Washington, D.C., U.S., Sept. 17, 2025. Elizabeth Frantz | Reuters The Federal Reserve on Wednesday delivered on a widely anticipated quarter percentage point interest rate […]
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Fed approves quarter-point interest rate cut and sees two more coming this year
watch now VIDEO2:2202:22 Fed lowers rates by a quarter point The Exchange WASHINGTON – The Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market even as inflation is still in the […]
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Fed set to cut rates, but forecast for rest of 2025 is key to markets with politics clouding the picture
Key Points The Fed meets with some big items on the agenda: An important rate decision and forecast of what’s ahead, combined with a healthy dose of political intrigue uncommon for central bank policymakers. While the rate decision is fairly pretty much in the bag, what happens from there is anybody’s guess. Markets are betting […]
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Lisa Cook’s lawsuit against Trump skirts mortgage fraud allegation
Key Points Fed Governor Lisa Cook’s lawsuit against Donald Trump challenges his ability to remove her from office but only briefly addresses the central accusations that she committed mortgage fraud. Cook did call mortgage fraud accusations “unsubstantiated and unproven” without going into detail. In a statement to CNBC, Federal Housing Finance Agency Director Bill Pulte […]
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U.S. economy expanded 3.3% in Q2, with growth even stronger than initially thought
A shopper holds Macy’s bags outside the company’s flagship store in the Herald Square neighborhood of New York, July 15, 2025. Alan Chin | Bloomberg | Getty Images The U.S. economy grew at a pace that was faster than expected in the second quarter as consumers and businesses held up against tariff volatility. Gross domestic […]
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Fed’s John Williams stresses independence as Trump moves to fire Lisa Cook
New York Federal Reserve President John Williams on Wednesday stressed the importance of central bank independence as President Donald Trump looks to exert control over monetary policy. In a CNBC interview, the influential policymaker avoided commenting directly on Trump’s efforts to fire Fed Governor Lisa Cook but did note the important economic role the central […]
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Trump says government will make deals like Intel stake ‘all day long’
President Donald Trump on Monday boasted about the government’s new stake in Intel and said he’s determined to do similar deals. “I will make deals like that for our Country all day long,” the president posted on Truth Social. Trump added that “stupid people” are upset with a move that he said will bring more […]
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