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WASHINGTON — Inflation rose last month to its highest level since February as President Donald Trump's sweeping tariffs are ...
Fact checked by Vikki Velasquez It's commonly known that interest rates are indirectly related to unemployment. High interest rates can dampen economic activity and reduce employment, while low rates ...
Inflation is up, stocks are down, and more tariffs are on their way. Trump wants interest rates to come down but the ...
The slight uptick in CPI inflation gives the Federal Reserve all the more reason to hold on until its September meeting to cut the federal funds rate.
A CD can help you lock in a high rate or save for future goals, but a money market account offers other benefits.
Wells Fargo only derived 56% of its Q2 2025 revenues from net interest income, highlighting the bank's topline resilience in ...
Inflation, as measured by the producer price index, declined by three-tenths of a percentage point to 2.3% for the year ending in June, signaling that the U.S. is evading pain from the tariffs imposed ...
While almost no one thinks Donald Trump's verbal attacks on Federal Reserve Chair Jerome Powell are a positive development, ...
Treasury yields fell on softer-than-expected wholesale inflation in the U.S.
Indeed, the only guaranteed path for Mr. Trump to get lower interest rates is slower inflation or a weaker job market. Right ...
Trump indicated that Powell’s handling of an extensive renovation project on two Fed buildings could be grounds to fire him.
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