Fed's Waller again makes case for Jul. interest rate cut
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Mortgage Refinance Rates on Jul. 17, 2025
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Potential homebuyers may be able to save money with a little-known financing option, but they still need to watch their credit.
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Governor Christopher Waller said on Thursday he continues to believe the U.S. central bank should cut interest rates at the end of this month amid mounting risks to the economy and the strong likelihood that tariff-induced inflation will not drive a persistent rise in price pressures.
Governor Christopher Waller's comments come as tensions between Fed Chair Jerome Powell and President Donald Trump have reached a boiling point in recent days.
A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.
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New tariffs on key building materials and persistently high interest rates are squeezing project budgets and increasing costs for the US construction industry.
Potential homebuyers may be able to save money with a little-known financing option, but they still need to watch their credit.
A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of President Trump’s tariffs. It will play into decisions by the Federal Reserve about when and whether to cut interest rates and comes as the president and his team have ramped up their pressure campaign on Fed Chair Jerome Powell.
If Trump allies really wanted to see homes become more affordable, he would push for less monetary inflation and for lower federal deficits.
Sky News can exclusively reveal that accountants advising people who entered into a tax avoidance scheme, which was later found to be illegal by HMRC, were being paid a commission.
Although interest rates and unemployment have an indirectly inverse relationship, that relationship can be clouded by broader factors in the labor market.
The average interest rate on a two-year personal loan was 11.57% in the second quarter of 2025, according to the Federal Reserve. But depending on your credit history, income and other
Don't deposit $20,000 into either account type before calculating the interest-earning potential each offers now.