But it won't be enough to help most Americans afford a home.
Why does an independent Fed matter? Just look at Ronald Reagan’s economy with Paul Volcker hiking rates to nearly 20%
BY CHRISTOPHER RUGABER AND THE ASSOCIATED PRESS
August 22, 2025
A weak housing market could deliver rate cuts and rescue the Fed from Trump
July 21, 2025
Stephen Miran, Trump’s pick to join the Fed, dissented against the group, voting in favor of the stronger half-point cut.
Independent central banks can more easily take unpopular steps to fight inflation, such as raise interest rates, which makes…
The Fed says the economy will grow and unemployment will decline. So why did it cut interest rates on Wednesday?
Interest rate cuts could mean the economy is in the clear after the spring’s recession fears—or the labor market suddenly…
Treasury Secretary Scott Bessent is pushing for 50 bps to offset missed opportunities earlier this summer, but some analysts warn…
Powell put a cat among the pigeons by suggesting he was minded to "look through" tariff-induced inflation by not increasing…
