Latest in Fed's Next Interest
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Trump’s victory means fewer Fed rate cuts
“Trump is a president who likes to spend, he was a real-estate developer who loves to borrow. I don’t think he’s shaken either of those ideals,” notes one analyst.Business - MarketWatch - November 6 -
Trump Is Inheriting Booming Markets and a Decisive Fed
Stocks and bitcoin are smashing records while the labor market deteriorates, U.S. debt balloons, and housing affordability worsens.Business - Inc. - November 7 -
Trump is not expected to try to fire Fed Chair Powell
Federal Reserve watchers don’t think that President-elect Donald Trump will seek to remove Fed Chair Jerome Powell from his post before the central bank chief’s term ends in mid-2026.Business - MarketWatch - November 7 -
If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?
The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.Business - The New York Times - November 7 -
Here's what changed in the new Fed statement
This is a comparison of Thursday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in September.Business - CNBC - November 7 -
US central bank boss says Trump can't fire him
The US central bank cuts interest rates, as its chairman vows to stay on the job.Top stories - BBC News - November 7 -
The Fed talks about not talking about Trump
Jay Powell sets some limitsWorld - Financial Times - November 8 -
The Fed’s Job Is About to Get a Lot Harder
Jerome Powell sees an uncertain path as Trump enters the White House and inflation wavers.Business - Inc. - November 8 -
Feds investigate racist text messages sent nationwide
Federal authorities are investigating racist text messages that were sent this week to residents in at least 19 states, from California to Connecticut. The texts were also sent to students at ...Top stories - CBS News - November 8 -
Fed up with the economy, Americans turn to Trump
President-elect Donald Trump won Pennsylvania after losing the state in 2020. Scott Pelley visited to find out what was behind the shift this election.Top stories - CBS News - November 10