US EditionFederal Reserve's Waller Says Central Bank Should Cut Rates at Next Meeting
UNITED STATES, JUL 16 – President Trump demands steep Federal Reserve rate cuts despite inflation hitting 2.7%, while economists warn such moves could worsen price increases and economic instability.
- Amid renewed pressure, Trump demanded the Federal Reserve cut interest rates by 300 basis points, escalating pressure on the central bank.
- Amid rising inflation, Fed members show split, with only a few backing a July rate cut, Fed meeting minutes reveal.
- Pricing models show over 100 basis points of easing over the next 18 months, while bettors put a 75% probability on a September rate cut.
- In response, U.S. Treasury yields rose, and investors dumped U.S. stocks yesterday.
- Experts caution that cutting rates now would fuel inflation and increase stagflation risks, highlighting economic instability concerns.
21 Articles
21 Articles
Associated Press News
Federal Reserve's Waller says central bank should cut rates at next meeting
A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell, who has been harshly criticized by the White House for delaying rate cuts.
How Trump Brings a ‘Real Estate Guy’ Framing to the Bond Market
I’m Chris Anstey, an economics editor in Boston. Today we’re looking at the US president’s approach to the bond market. Send us feedback and tips to ecodaily@bloomberg.net. And if you aren’t yet signed up to receive this newsletter, you can do so here.
Trump demands immediate cut rates and casts a shadow over the passivity of the Central Bank of Costa Rica Washington, Jul 17 (elmundo.cr) – While U.S. President Donald Trump this week attacked the Federal Reserve demanding an immediate cut in interest rates, in Costa Rica the Central Bank keeps its Monetary Policy Rate unchanged at 4%, even though the country has been facing negative inflation for months. “Inflation rose slightly last month,” sa…
Coverage Details
Bias Distribution
- 60% of the sources are Center
To view factuality data please Upgrade to Premium
