interest rates
Trump summons Federal Reserve chair Jerome Powell to demand interest rate cut
The central bank's benchmark rate has remained between 4.25% and 4.5% since Trump took office in January.
Fed Chair Powell, Trump hold rare meeting at White House — here's what was discussed
Trump has attacked Powell over the Fed's decision to not lower interest rates, but recently said he has no intention of trying to fire Powell.
Fed officials worried about rising inflation risks due to Trump tariffs: 'More persistent than expected'
Fed policymakers were less concerned about rising unemployment, the minutes from this month's meeting showed, a key reason they left rates unchanged.
New home sales unexpectedly surge despite high mortgage rates as builders lower prices
New home sales surged nearly 11% to a seasonally adjusted annual rate of 743,000 units last month.
Trump 'very seriously' weighs taking Fannie Mae, Freddie Mac public after years of government control
Analysts have said the move could send serious profits toward the government, while also warning it could slam mortgage rates.Â
Spring home-selling season off to terrible start as April sales fall more than expected
The sales decline marks the slowest sales pace for the month of April going back to 2009.
Tisch's war on lawless NYC e-bikers and more: Letters to the Editor — May 18, 2025
NY Post readers discuss NYPD Commissioner Jessica Tisch's crackdown on e-bike riders who break the law and more.
Wholesale prices plunge by most since 2020 despite Trump tariffs
Economists have predicted that Trump’s tariffs would drive up prices, and many expect the impact to show up in June or July.
Trump blasts Fed Chair Jerome Powell again for not cutting rates: 'Not in love with me'
The Fed on Wednesday kept short-term borrowing costs in the 4.25%-4.50% range, where they have been since December.
Federal Reserve warns of stagflation risk, keeps rates unchanged — despite Trump pressure
Policymakers cited economic uncertainty from Trump's trade war for keeping the Fed funds rate between 4.25% to 4.5% range, where it has been since December.
Fed's key inflation gauge cools as Americans rushed to buy cars ahead of Trump tariffs
The slowdown in inflation could be a temporary respite until the widespread duties imposed by Trump begin to push up prices in many categories.
Anxious homeowners are fleeing this second-home hub long known as 'Vacationland'
Whether it's the uncertain economy or exploding property values, these coastal New England owners are keen to offload.
Home sales slump at start of crucial spring buying season as high mortgage rates and rising prices deter buyers
Home prices increased on an annual basis for the 21st consecutive month, although at a slower rate.
Trump says he has 'no intention' of firing Fed Chair Jerome Powell — but has a key ask for central bank chief
"I would like to see him be a little more active in terms of his idea to lower interest rates," Trump said.
Trump needs to end his war with Jerome Powell now — one way or another
On Monday, furious over Jerome Powell's refusal to budge on lower interest rates, President Trump took to TruthSocial to call the Fed chair a "major loser," the latest in a...
Trump will study whether to fire Jerome Powell after accusing Fed chair of 'playing politics': adviser
White House economic adviser Kevin Hassett's exchange with the press came a day after Trump ramped up a long-simmering feud with Powell.
Trump issues stark warning for Fed Chair Jerome Powell, intensifying longstanding feud
Trump’s anger was sparked by remarks Powell made Wednesday, when the Fed chair highlighted concerns about the impact of the administration’s tariffs.
Jerome Powell warns Trump tariffs could keep inflation higher for longer than expected as US stocks tank
The Fed chairman warned that the president's hefty tariff rates could reheat inflation and stagnate growth.
Fed minutes reveal 'cautious approach' to cutting rates as risks to economy are mounting
The central bank may face difficult tradeoffs if inflation proved to be more persistent while the outlook for growth and employment weakened.
Goldman Sachs economists forecast more interest rate cuts this year on fears tied to Trump's tariffs
The new forecast sees the Fed lowering rates in July, September and November – an increase from earlier bets on two cuts this year and one in 2026, according to...