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Maddow Blog | Why you should care about Trump’s offensive against the Fed and its independence
Donald Trump's against the Federal Reserve and Chairman Jerome Powell could have a direct impact on Americans' wallets.
CNBC7d
Fed's latest rate hike means credit cardholders can expect higher bills this spring and summer, warns expert
In a move that many Americans have been anticipating over the last couple months, on Wednesday the Federal Reserve raised interest rates for the first time since December 2018. The Fed ...
USA Today1mon
Fed leaves interest rates unchanged, but forecasts future cuts
The Federal Reserve raises and lowers its benchmark interest ... Why did the Fed stop cutting rates? The Fed raised interest rates to a two-decade high in 2023 to fight a period of ...
Forbes3d
CD Interest Rates Forecast: Will CD Rates Go Up In 2025?
Will CD rates go up when the Fed raises interest rates? Yes, like other deposit accounts, CD rates tend to rise whenever the federal funds rate increases. Banks and credit unions use the federal ...
The New York Times12d
Trump’s Trade War Raises Bar for Fed Rate Cuts
Many in this cohort expect the Fed to lower interest rates swiftly as a result, beginning as early as June. Federal funds futures markets reflect an even more aggressive response, with five ...
USA Today3d
Powell says Fed can 'wait for greater clarity' on tariffs before cutting interest rates
President Donald Trump’s on-again, off-again tariffs have been roiling markets and raising recession fears. But Federal Reserve Chair Jerome Powell on Wednesday stuck to his slow and steady ...
ABC News1mon
Trump criticizes Federal Reserve, calls for lower interest rates
If the central bank raises rates as a means of protecting ... days before the Fed opted to hold interest rates steady. MORE: Will Trump's tariffs threaten the Fed's soft landing?
CBS News1mon
Why debt relief makes sense with interest rates on pause
That means when the Fed raises rates, credit card interest tends to climb shortly after — but when the Fed pauses, rates tend to stay elevated rather than drop significantly. That means ...
Goldman raises odds of US recession to 35%
Goldman Sachs raised the probability of a U.S. recession to 35% from 20% and said it expects more rate cuts by the Federal ...
Business Insider1mon
Understanding the Federal Reserve's Role in Mortgage Rates
As the Federal Reserve raises short-term interest rates, the yield on the 10-year Treasury bond also tends to rise. This puts upward pressure on mortgage rates. The Fed's rate hikes can also ...