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A divided Federal Reserve mulls interest rate cut after wild week
The 10-year Treasury Bond yield is the benchmark for longer-term interest rates like the 30-year fixed mortgage, currently hovering around 6.8%. The Fed has set an inflation target of 2% before it ...
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Trump says Bessent will not be considered for Federal Reserve chairman
President Trump said Tuesday that Treasury Secretary Scott Bessent will no longer be considered for Federal Reserve chairman ...
Trump calls on the Federal Reserve board to take full control of the central bank from Powell
President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.
Q&A: What Do Federal Reserve Officials Hope to Learn in Two Months?
Setting rates is sometimes more art than science, especially when the economy keeps defying predictions. Fed officials are ...
The Federal Reserve’s power: Congress giveth and Congress can taketh away
"Don't forget, our Federal Reserve is not at all a part of our Constitution. It's a creature of the U.S. Congress, created by ...
Federal Reserve Board member to step down from role early, creating vacancy for Trump to fill
Adriana Kugler will resign from her role as a Federal Reserve governor — opening up a vacancy on the board as President Trump ...
Federal Reserve holds key interest rate steady for fifth straight meeting despite Trump's pressure
The Fed left its benchmark interest rate unchanged following its July policy meeting amid uncertainty over the impact of ...
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Beyond Social Security: Federal Reserve Reveals What Assets Seniors Actually Own
Federal Reserve data exposes the asset mix that keeps seniors financially secure. From real estate to retirement accounts, ...
Federal Reserve holds its benchmark rate steady at today's FOMC meeting
The Fed is maintaining its benchmark interest rate in the range of 4.25% to 4.5%, where it's been parked since December.