News

Fannie Mae Chair Pulte drops grim message to Fed Chair Powell
Fannie Mae Chairman and Director of the Federal Housing Finance Agency Bill Pulte released a statement calling on Congress to ...
June jobs report comes in stronger than expected — tanking hopes that the Fed will cut rates this month
The Labor Department reported Thursday that the US economy added 147,000 jobs in June, beating the 110,000 gain forecast by ...
Solid Jobs Report Keeps Fed Rate Cuts at Bay
The latest labor market data reinforces the central bank’s wait-and-see approach to lowering borrowing costs, despite ...
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 bank’s Board of Governors, calling for ultra-low rates in an intensifying ...
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Job growth beats expectations as pressure mounts on Powell to cut rates
The housing industry is desperate for good news on interest rates, but it didn’t get any from Thursday's jobs report.
Trump Administration Will Focus on Fed Chair Replacement in Fall, Bessent Says
The Trump administration will focus on finding a replacement for Federal Reserve Chairman Jerome Powell this fall, U.S.