News

Trump says Powell costs US $900B a year in interest by not cutting rates. Is he right?
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
The odds of a September Fed rate cut look high after June jobs report — but it may be a tough call for Powell
The Federal Reserve is likely to resume lowering interest rates in September, but it won’t be an easy call for the central ...
The jobs report has dashed hopes of a rate cut this summer
The June jobs report cratered the odds for a July rate cut. Stocks cheered the strong data but dimmer rate-cut views ...
SA Sentiment: One Fed rate cut in view this year even as Trump pressures Powell
Last month, the Fed left rates unchanged at 4.25%-4.50% for the fourth straight meeting and forecast two 25-basis-point rate ...
Gold falls 1% as strong US payrolls data douses rate cut hopes
Gold fell 1% on Thursday as stronger-than-expected U.S. payroll data cemented expectations that the Federal Reserve is ...
Trump tariffs have delayed interest rate cuts, Federal Reserve Chair Jerome Powell says
Federal Reserve Chief Jerome Powell said it is premature to lower interest rates, citing the potential impact of tariffs.
The Fed's Interest Rate Cuts Foreshadowed the Recent Stock Market Correction. Here's What Might Happen Next.
Now, with the most recent CPI reading (for May 2025) coming in at an annualized rate of just 2.4%, the Fed has penciled in ...
Trump sends handwritten letter to Powell demanding ultra-low interest rates
President Donald Trump on Monday continued his extended attack against Federal Reserve Chair Jerome Powell and the central ...