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Hassett says Fed made 'prudent call,' signaling White House OK with quarter-point cut
In a CNBC interview Thursday, Hassett noted that the administration, and new Fed Governor Stephen Miran, had been pushing for a bigger reduction.
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nytimes.com
Fed Meeting Live Updates: Interest Rates and Economic News
The Federal Reserve lowered rates by a quarter point, but Stephen Miran, a Trump appointee who joined the board this week, voted for a bigger cut. Balancing persistent inflation…
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fortune.com
Amid weak hiring and White House attacks, the Fed lowers rates—its first move in 2025 and a test of Powell’s independence | Fortune
Stephen Miran, Trump’s pick to join the Fed, dissented against the group, voting in favor of the stronger half-point cut.
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huffpost.com
Federal Reserve Cuts Key Interest Rate Amid Trump Pressure Campaign
The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health…
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cnbc.com
Fed approves quarter-point interest rate cut and sees two more coming this year
The Federal Reserve on Wednesday released its decision on interest rates and updated its economic projections.
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New Trump appointee Miran calls for half-point cut in only dissent as rest of Fed bands together
Newly confirmed Federal Reserve Governor Stephen Miran dissented from the central bank's decision.
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Markets expected the rate cut, but the ‘real surprise’ is the Fed’s opinion on the current state of the economy, quant CEO says | Fortune
The Federal Reserve’s policy setup is “bullish for bonds, bearish for the dollar, and neutral for equities in the near term," according to TIAA Wealth Management’s chief…
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Hassett says Fed made 'prudent call,' signaling White House OK with quarter-point cut
In a CNBC interview Thursday, Hassett noted that the administration, and new Fed Governor Stephen Miran, had been pushing for a bigger reduction.