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The U.S. central bank, to President Donald Trump's chagrin, will likely leave interest rates unchanged at a policy meeting this week, but that's not to say there won't be a vigorous debate, with one if not two Federal Reserve governors possibly casting a rare dissent in support of lower borrowing costs.
Sweeping changes are coming to the world’s most powerful central bank, President Donald Trump and his top advisers have said — and they’re already starting to make good on that promise.
Azoria Capital is suing Federal Reserve Chairman Jerome Powell to force the Federal Open Market Committee to open its interest rate meetings to the public.
A federal judge in Washington denied a request by an investment firm led by an ally of President Donald Trump for public access to Tuesday’s Federal Open Market Committee meeting.
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Incoming U.S. inflation signals are offering the Federal Reserve little or no justification to resume interest rate cuts, and it's hard to see that changing before September.
The President’s campaign to bend the independent central bank to his will is straight out of the playbook of populist strongmen and will likely go on for years.
With gold prices high and a new Fed meeting slated for this week, here's what investors should be considering now.
For the past several months, the average 30-year fixed mortgage rate has sat between 6.5% and 7%. Prospective homebuyers shouldn't hold their breath for that to change anytime soon. On July 30, the Federal Reserve is expected to keep borrowing rates the same at its fifth monetary policy meeting this year.