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Trump demands Powell cut interest rate

Trump threatens Fed chair Powell with 'major lawsuit,' demands interest rate cut

President Donald Trump threatened to allow a "major lawsuit" against Federal Reserve Chairman Jerome Powell to go forward. The president said on Truth Social that the lawsuit would relate to Powell's management of major renovations at the Fed's headquarters in Washington,

Yahoo · 11h

Trump Demands Emergency Fed Rate Cut and Threatens ‘Major Lawsuit’ Against Chair Powell

President Donald Trump has threatened a "major lawsuit" against Federal Reserve Chair Jerome Powell, while once again calling for an immediate cut to interest rates following muted inflation data.

MarketWatch on MSN · 18h

Trump’s latest attack on Powell involves ‘major lawsuit’ over Fed building. Why it’s unlikely to succeed.

Trump has been on a sustained pressure campaign against Powell to lower interest rates, and his latest statement comes following the release of consumer-price data for July. U.S.

Inflation Report Boosts Prospect of Fed Rate Cut

MarketWatch · 18h

Market-implied chance of three 2025 Fed interest-rate cuts jumps above 50%

Fed-funds futures traders were pricing in a 51% likelihood on Tuesday that the central bank will cut rates in three quarter-point increments by December, up from 45% a day ago, according to the CME FedWatch Tool.

USA TODAY · 13d

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.

Investopedia on MSN · 18h

Inflation Report Boosts Prospect of Fed Rate Cut in September

With the job market faltering and consumer prices not surging as expected, investors increasingly believe the Federal Reserve is about to cut interest rates to boost the economy.

Mortgage Interest Rates Today: Mortgage Rates Drop to Four-Month Low as Pressure Mounts on Fed

The average rate on 30-year fixed home loans registered 6.63% for the week ending Aug. 7, down from 6.72% last week.

12hon MSN

Stocks hit fresh record high but US dollar weakens as Fed rate cut expectations gain momentum

World shares hit record highs on Tuesday after U.S. consumer prices data fueled expectations of an impending Federal Reserve ...

14hon MSN

Gold Swings as Traders Mull Fed Rate After Tame Inflation Report

Gold fluctuated as traders weighed the US Federal Reserve’s interest rate path after a modest rise in the cost of US goods ...

Stock Market Today: Global Stocks Rally on Hopes for Fed Rate Cut; Dow Wavers

President Trump's tariffs continue to affect global markets and the economy. Follow for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...

12h

Why a Fed rate cut could lead to bad news for Big Tech stocks

The concentration makes the entire market vulnerable to shifts in interest rates. As yields go higher, money could move out ...

18h

Small caps and other rate-sensitive stocks jump after CPI drives expectations for Fed to lower rates

Small-cap stocks and other rate-sensitive equities were surging on Tuesday after July's consumer-price index reading gave ...

11hon MSN

U.S. stocks rally to records on hopes for cuts to interest rates

The U.S. stock market rallied to records after data suggested inflation across the country was a touch better last month than ...

Bond Traders’ High Hopes for September Rate Cut Hinge on CPI

Bond investors betting on a Federal Reserve interest rate cut next month face a potential roadblock: inflation.

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