Similar Stories to Fed Plans To Keep Hiking Interest Rates Despite Trump Blowback on Bing News

Despite fierce blowback from President Trump, the Federal Reserve’s policymakers unanimously agree they should keep hiking interest rates to cap inflation. That’s according to the minutes of the latest Fed meeting, in which every policymaker backed a move to raise interest rates in September. The display of solidarity raises the prospect of a fourth rate-hike...

BING NEWS:
  • Federal Reserve signals interest rates will stay at two-decade high until inflation further cools
    Federal Reserve signals interest rates will stay at two-decade high until inflation further cools.
    05/1/2024 - 7:04 am | View Link
  • Trump’s Federal Reserve Plans Defy Logic, Even for Him
    A potential second Trump administration could bring serious changes to how the president interacts with the US Federal Reserve, particularly concerning its operating autonomy. During his first term, ...
    05/1/2024 - 4:40 am | View Link
  • Trump tariffs, tax cuts and interest rates likely to fuel inflation, Wall Street and economists agree
    Former President Donald Trump is building a second-term economic agenda that analysts say could reheat the very inflation that he has slammed President Joe Biden for creating.“I call it a ring around ...
    05/1/2024 - 1:52 am | View Link
  • The Fed Won’t Climb Down Yet. Others Can’t Wait
    Our series on The Year of Descending Dangerously shows big central banks can’t hang on forever for the US to start cutting rates — but still fear going first.
    04/30/2024 - 5:03 pm | View Link
  • Donald Trump’s Plan To Set Interest Rates Is As Foolish As the Fed
    While it’s laughable that Trump wants a role in setting interest rates, this same obnoxious conceit doesn’t die when the central planner’s last name is Yellen or Powell.
    04/29/2024 - 8:00 am | View Link
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