Trump shot himself in the foot with tariff plan if he wants an interest rate cut, Fed minutes show
President Trump is plowing ahead with his tariff plans and threats, while still pushing for a cut to interest rates.
Interest Rate Cuts on Hold Until Inflation Improves, Fed Minutes Show
Officials are debating when to restart interest rate cuts, as high prices linger and Trump’s policies add to economic uncertainty.
Australian central bank cuts benchmark interest rate for the first time since October 2020
Australia’s central bank on Tuesday reduced its benchmark interest rate for the first time since October 2020 as the nation’s inflation cools. The Reserve Bank of Australia reduced the cash rate by a quarter percentage point from 4.
A timeline of Australian interest rate changes since 1990
The Reserve Bank of Australia on Tuesday cut its cash rate by 25 basis points to 4.10% following a monthly policy meeting.
Trump wants interest rate cuts. The market isn't buying it.
Just before the release of Wednesday’s monthly consumer price report, President Donald Trump called for lower interest rates in a post on his Truth Social platform.
Powell says Trump's comments won't affect interest rate decisions by the Fed
Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's calls for lower interest rates won't lead the central bank to change its rate decisions. “People can be confident that we’ll continue to keep our heads down,
January consumer price index report shows a rise in inflation and prices
New numbers from the January consumer price index report show a rise in gas, eggs and coffee prices. NBC News’ Brian Cheung and Investopedia’s Editor-in-Chief Caleb Silver break down the inflation numbers,
Australia's central bank cuts interest rate for the first time in more than four years
The Reserve Bank of Australia on Tuesday cut benchmark interest rates for the first time in over four years, joining ranks with other major global central banks, as softening inflation allows room for easing policy.
EconoTimes5d
Fed Officials Weigh Inflation Risks and Interest Rate Cuts Amid Policy Uncertainty
Federal Reserve officials are closely monitoring rising inflation risks and the economic impact of President Donald Trumps trade and immigration policies. While some policymakers see room for future rate cuts,
Powell says Trump’s comments won’t affect interest rate decisions by the Fed
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions.
Key takeaways from January's consumer price index report
The latest CPI report reveals a 3% increase in prices compared to last year, with eggs being just one of the many items seeing higher costs. CBS News Moneywatch correspondent Kelly O'Grady breaks down the key takeaways from the report.
Australia cuts interest rate for the first time in more than four years, flags economic uncertainties
The central bank had held its policy rate steady at 4.35% since November 2023, following an extended period of 13 rate hikes to tame inflation at home.