“Fed should cut Rates by 3 Points. Very low inflation. One Trillion Dollars a year would be saved!!!,’’ he wrote on his Truth Social platform. With inflation rising slightly and job numbers relatively ...

There “doesn’t seem to be enough" in the new high inflation numbers "to derail an interest rate cut in August,” according to ...

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.