Trump boxes in Fed
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Wells Fargo only derived 56% of its Q2 2025 revenues from net interest income, highlighting the bank's topline resilience in the face of looming Fed
A Fed policy rate that low is not typically a sign that the U.S. is the "hottest" country in the world for investment, as Trump has said.
Whether you're buying a new home or considering mortgage refinancing, the main question is the same right now: When will rates drop? The interest rate environment has remained elevated across various lending products,
Some investors had clung to a bit of hope that the Federal Reserve would cut interest rates at its next meeting on July 30. Tuesday's report on inflation brought the chances of that down even further.
With core inflation still above the US Federal Reserve's (Fed) 2% target, rates are likely to stay on hold this month although markets are anticipating a quarter percentage point cut in September, according to MIDF Research.
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This morning brought another inflation report. Given the negative reaction to yesterday's inflation data, there was some cause for concern. Thankfully, today's data was more unequivocally acceptable for the bond market and--thus--interest rates.
A high-yield savings account can help you earn the most on your savings.
U.S. Treasury two-year yields dropped sharply after Bloomberg reported that Trump is likely to fire Federal Reserve Chair Jerome Powell soon, citing an unidentified White House official. Such reports are not true, Trump said, adding that it was "highly unlikely" that Powell would be fired.