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In a dissent not seen in three decades, two Fed governors wanted to cut interest rates and here is why

Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained why they would've cut rates by 25-basis-points.

USA TODAY · 2d

Did the Fed cut interest rates Wednesday? No, but here's when they might

Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts think rates are headed.

Insider on MSN · 21h

Here's the case for lower rates from the Fed's 2 dissenting voices

The Fed opted against cutting rates, but a rare dissent from two governors says the central bank risks being too late amid a cooling labor market.

Trump to appoint new Fed board member

Bloomberg on MSN · 14h

Fed Governor Kugler to Resign, Opening Spot for a Trump Pick

Federal Reserve Governor Adriana Kugler will step down from her position on the central bank’s board, the Fed announced Friday, handing President Donald Trump a sooner-than-anticipated opportunity to install a new policymaker who aligns with his vision for interest rates.

The Washington Post on MSN · 14h

Fed governor to resign early, handing Trump immediate opening on board

Federal Reserve governor Adriana Kugler is stepping down from her position early, creating an unexpected opening for President Donald Trump to shape the central bank.

USA TODAY on MSN · 13h

Trump to appoint new Fed board member after governor Kugler announces resignation

Federal Reserve governor Adriana Kugler is stepping down from the central bank's board, giving President Donald Trump the chance to appoint an early replacement amid his monthslong campaign to badger Fed officials into lowering interest rates.

17hon MSN

Weakening US jobs market hits center of Fed rate policy debate

Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...

22hon MSN

Trump Will Remake the Fed. Lower Rates Are Just the Start.

A bubbling movement to overhaul the Fed is ready to seize the moment. Big changes are in store for the central bank.

Fed Keeps Rates Steady Despite Internal Divisions and Political Pressure

The central bank kept interest rates steady for a fifth straight meeting, despite badgering from President Trump. It has ...

2don MSN

Fed holds interest rates steady, Chair Powell says Fed independence 'very important'

The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump made an unusual visit to ...

2don MSN

Federal Reserve holds key interest rate steady for fifth straight meeting despite Trump's pressure

The Fed left its benchmark interest rate unchanged following its July policy meeting amid uncertainty over the impact of ...

Fed leaves short-term rates the same but it doesn't mean all rates aren't budging

The Federal Reserve keeps short-term rates the same in July, holding rates as is for the fifth meeting in a row. What's next ...

16hon MSN

Shockingly bad jobs report reveals a monthslong stall and may trigger Fed rate cuts soon. ‘Powell is going to regret holding rates steady’

That may prompt the Federal Reserve to lower rates sooner rather than later, which President Donald Trump has been demanding ...