Trump's comments won't affect interest rate decisions by the Fed, Powell says

Hopes for more Fed rate cuts dim as Powell notes hot CPI means 'we're not quite there yet'

A Fed interest rate cut won't be coming until at least September, if at all this year, following a troubling inflation report Wednesday.

CNBC - 15m

Trump wants both lower interest rates and tariffs. Here’s how that could backfire.

Economists say tariffs will make it harder for the Fed to lower interest rates — unless the U.S. economy enters a recession.

MarketWatch - 1h

Trump wants interest rate cuts. The market isn't buying it.

Just before the release of Wednesday’s monthly consumer price report, President Donald Trump called for lower interest rates in a post on his Truth Social platform.

NBC News - 1h

Trump says interest rates should be lowered to go 'hand in hand' with his tariffs

Trump again switched positions on the Fed, indicating in a social media post Wednesday that interest rates need to come down.

CNBC - 2h

Inflation and interest rates tracker: see how your country compares

Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects you

Financial Times - 4h

Fed’s Powell Doesn’t Have Much to Say Because Inflation Isn’t Budging

Federal Reserve Chairman Jerome Powell says he isn’t rushing on rate cuts and the economy remains in solid shape.

Inc. - 6h

Fed Chair Jerome Powell Shows Little Urgency to Lower Rates

Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s policy independence is in the spotlight.

The New York Times - 17h

Trump’s best pick to succeed Powell at Fed is this ‘battle-tested’ market expert

Neel Kashkari knows how to speak to markets in ways they can hear.

MarketWatch - 1h

Watch Fed Chair Powell speak live before House Financial Services Committee

Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on monetary policy.

CNBC - 3h

Is Intel now a Trump stock? Its shares surge after upbeat comments by J.D. Vance.

Shares of Intel Corp. were surging on Tuesday after Vice President J.D. Vance made bullish comments about semiconductor manufacturing in the U.S. at an artificial-intelligence summit in Paris.

MarketWatch - 19h

Treasury yields end at highest in at least a week on Fed’s patient rate stance

U.S. government debt sold off on Tuesday, leaving long-dated yields higher for a fourth straight session, after Federal Reserve Chairman Jerome Powell expressed patience regarding future ...

MarketWatch - 22h

Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further

Federal Reserve Chair Jerome Powell on Tuesday reiterated the central bank’s commitment to bringing inflation down and signaled that policymakers aren’t in a rush to push interest rates lower.

NBC News - 23h

Powell defends Fed’s authority over US monetary policy

Central bank chief vows to ‘focus on the data’ rather than get dragged into political debates

Financial Times - 23h

Powell squashes the possibility that the Fed will develop its own digital currency

Powell asserted Tuesday that the central bank will not develop its own digital currency as long as he is in charge.

CNBC - 1d

Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further

Powell called the economy "strong overall" with a "solid" labor market and inflation that is easing but still above the Fed's 2% goal.

CNBC - 1d

UK interest rates are too restrictive

But uncertainty and a rise in near-term inflation warrants a cautious approach to cuts

Financial Times - 1d

Fed Chair Jerome Powell testifying before Congress

Federal Reserve chair Jerome Powell is testifying in front of lawmakers Tuesday where he's expected to face questions ranging from rate policies to the department's independence from President ...

CBS News - 1d

Watch Fed Chair Powell testify live before the Senate Banking Committee

Powell delivers his semiannual remarks on monetary policy and the economy this week on Capitol Hill.

CNBC - 1d

UK inflation threat receding, says BoE rate-setter who voted for big cut

MPC’s Catherine Mann says ‘demand conditions’ in economy are ‘quite a bit weaker’

Financial Times - 1d

Judge weighs extending pause on Trump's "deferred resignations" for feds

The Trump administration has offered more than 2 million federal workers the option of resigning their positions and retaining full pay and benefits until Sept. 30.

CBS News - 1d

Trump Moves to Close Carried Interest Tax Loophole, Which Could Hurt Startups

The last three U.S. presidents have all called for an end to the tax break.

Inc. - 1d

How Trump's steel, aluminum tariffs will affect Americans

President Trump is set to announce a new round of tariffs that will impact steel and aluminum prices. Kristin Myers, the editor-in-chief of ETF.com, joins CBS News with more on how American ...

CBS News - 2d

Macron takes swipe at Trump with ‘plug, baby, plug’ comment at AI summit – Europe live

French president refers to Trump’s oil remarks, but notes ‘electricity is available’. The Swedish prosecutor leading on the investigation into the Örebro shooting has confirmed this morning the ...

The Guardian - 2d

New poll on Trump approval rating as steel, aluminum tariffs set

A recent CBS News poll shows a favorable view among a majority of Americans on President Trump's actions during his second term. This comes as news emerges of tariffs on steel and aluminum. CBS ...

CBS News - 2d

U.S. tariffs and interest rate uncertainties make 2025 a "choppy year": DBS CEO Piyush Gupta

Gupta's comments come as Southeast Asia's largest bank by assets posted a solid showing in its full year results, with net profit reaching a record high.

CNBC - 2d

Will mortgage interest rates fall in February without a Fed meeting? Experts weigh in

Mortgage rates could fall, experts say, but it depends on several factors. Here's what to know.

CBS News - 2d

Fed Rate Cuts Are Looking Less and Less Likely for 2025

The January jobs report and inflation concerns have pushed back bets for lower borrowing costs.

Inc. - 2d

Trump’s ‘interesting problem’ with Treasuries

Debtcon 1

Financial Times - 2d

Trump starts term with positive approval rating in CBS poll

President Trump has started his second term with a positive approval rating in a new CBS/YouGov poll. In the CBS/YouGov poll, 53 percent of respondents said that when it comes to “the way Donald ...

The Hill - 2d

Sunday shows preview: DOGE cuts leave feds reeling; Lawmakers race to finalize Trump budget bill

Tech billionaire and the anchor of the new Department of Government Efficiency (DOGE) Elon Musk saw his staffers attempt or succeed in accessing databases in various departments, supercharge a ...

The Hill - 3d

Bolton says DOGE cuts hurt ‘long-term American interests’

President Trump’s former national security adviser John Bolton said during an interview that some of the proposed Department of Government Efficiency (DOGE) cuts could hurt “long-term American ...

The Hill - 4d

Donald Trump, Taylor Swift, Kendrick Lamar and Tom Brady: Super Bowl 59 could break 2024 ratings record

With so much star power in the building at once, it will be interesting to see how this Super Bowl draws people in beyond just the football game.

Yahoo Sports - 4d

Trump, and home buyers, could get their wish for lower mortgage rates — if markets cooperate

The president’s focus on the 10-year Treasury yield is part of Trump’s efforts to bring down mortgage rates, a promise during his campaign.

MarketWatch - 4d

Trump wants to end a popular Wall Street tax break. What to know about the 'carried interest loophole'

President Donald Trump wants to end the carried interest loophole. Here's how the tax break benefits Wall Street investment managers.

CNBC - 4d

A new bill would cap credit card interest rates at 10%. Here's what that could mean for your money

A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates would have unintended consequences.

CNBC - 4d

Job Market Gives Fed Cover to Extend Interest Rate Pause

The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.

The New York Times - 4d

Minneapolis Fed's Kashkari expects lower interest rates later this year

In a CNBC interview, the central bank official expressed confidence that inflation will continue to drift down to the Fed's 2% target.

CNBC - 5d

Trump’s Executive Orders Leave Imprint on the Fed

The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.

The New York Times - 5d

Trump's comments on Gaza draw backlash as Palestinians return home after ceasefire

President Trump drew backlash when he suggested the United States should take control of the Gaza Strip and move Palestinians out during a news conference with the Israeli prime minister at the ...

CBS News - 6d

Trump's comments won't affect interest rate decisions by the Fed, Powell says

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