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Why isn't the Fed cutting interest rates? What to know
The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
Trump says U.S. interest rate is at least 3 points too high
WASHINGTON, July 9 (Reuters) - U.S. President Donald Trump on Wednesday called on the Federal Reserve to lower the federal benchmark interest rate by at least 3 percentage points, renewing his call for the U.S. central bank to lower rates to help reduce the cost to service the nation's debt.
Trump ups pressure campaign on Fed chair by targeting its headquarters renovation
President Donald Trump is escalating his pressure campaign to get the Federal Reserve chairman to either lower interest rates or quit his post by targeting the expensive renovation at the central bank’s headquarters.
White House budget director accuses Fed chair of violating building rules in renovation
White House budget director Russell Vought is suggesting that Federal Reserve Chair Jerome Powell is in violation of government building rules in the renovation of the Fed’s headquarters.
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