Trump says ‘I love the inflation’ as rate rises to 4.2% amid Iran war pressure
Before the conflict began, inflation was at 2.4%, but the closure of the strait of Hormuz has affected energy prices
Trump says ‘I love the inflation’ as rate rises to 4.2% amid Iran war pressure
Before the conflict began, inflation was at 2.4%, but the closure of the strait of Hormuz has affected energy prices
Kevin Warsh accused of being Trump's 'sock puppet' as senators grill Fed chair nominee – video
During Warsh's confirmation hearing, Democratic senator Elizabeth Warren expressed concerns that Federal Reserve nominee would become a 'sock puppet' for Donald Trump
Trump’s push to cut interest rates has echoes of ‘banana republic’, says Yellen
Former US Fed chair says lowering rates to reduce debt service cost can lead to inflation getting out of control
US inflation stayed flat at 2.4% in February before effects of war on Iran kicked in
Effect of war on prices not reflected in data, as Trump says only ‘fools’ would think oil price shocks would be significant
Average long-term mortgage rate falls below 6% in time for spring home-buying season
Benchmark 30-year fixed mortgage rate fell to 5.98% from 6.01% last week, the lowest level since September 2022
Trump’s trade war risks undermining hopes of hefty US interest rate cuts
Upping tariffs may have lifted the president’s mood but it is a headache for the Federal Reserve and its next chair
Donald Trump nominates Kevin Warsh as chair of Federal Reserve
Pick of former Fed governor to replace Jerome Powell comes as White House seeks to tighten grip on central bank
Federal Reserve holds interest rates as Trump piles on pressure
Fed voted to pause cuts to interest rate, which currently sits between 3.5% and 3.75%, after slashing it three times in fall
Federal Reserve holds interest rates as Trump piles on pressure
Fed voted to pause cuts to interest rate, which currently sits between 3.5% and 3.75%, after slashing it three times in fall
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