Fed’s John Williams stresses independence as Trump moves to fire Lisa Cook

Fed’s John Williams stresses independence as Trump moves to fire Lisa Cook

Fed’s John Williams Stresses Independence as Trump Moves to Fire Lisa Cook New York, August 27, 2025 – New York Federal Reserve President John Williams emphasized the critical importance of central bank independence in a CNBC “Squawk Box” interview on Wednesday, amid President Donald Trump’s unprecedented attempt to remove Federal Reserve Governor Lisa Cook from … Read more

Can You Buy A Car With A Credit Card in Australia?

Can You Buy A Car With A Credit Card in Australia?

Can You Buy a Car with a Credit Card in Australia? Weighing the Pros and Cons By Staff Reporter, August 26, 2025 In Australia, purchasing a car with a credit card is technically possible but comes with significant caveats, making it a niche and often costly option. As interest rates fluctuate and financial strategies evolve, … Read more

The Fed opens up to the cutting of the rates: “With the duties increasing the risks for inflation”

The Fed opens up to the cutting of the rates: “With the duties increasing the risks for inflation”

The Fed Opens Up to Rate Cuts: “With Duties Increasing the Risks for Inflation” In a significant shift, the U.S. Federal Reserve (Fed) is signaling it may cut interest rates in the near future, citing rising inflationary pressures from new tariffs as a key concern. As of August 22, 2025, the Fed has kept its … Read more

The Fed is unlikely to cut rates Wednesday, but this meeting is packed with intrigue

The Fed is unlikely to cut rates Wednesday, but this meeting is packed with intrigue

The Federal Reserve is widely expected to maintain its benchmark interest rate at 4.25%–4.50% during its July 30, 2025, meeting, with no rate cut anticipated, according to multiple sources. Despite pressure from President Donald Trump for lower borrowing costs, economists and market indicators, such as the CME FedWatch tool, suggest only a 4%–5% chance of … Read more

U.S. economy grew at a 3% rate in Q2, a better-than-expected pace even as Trump’s tariffs hit

U.S. economy grew at a 3% rate in Q2, a better-than-expected pace even as Trump’s tariffs hit

U.S. Economy Grows at 3% in Q2 2025 Despite Tariff Headwinds Washington, July 30, 2025 – The U.S. economy expanded at a robust 3% annualized rate in the second quarter of 2025, surpassing economists’ expectations of 2.6%, according to the Commerce Department’s initial GDP estimate. This growth marks a significant rebound from the first quarter’s … Read more

Trump says he believes Powell is ready to start lowering rates

Trump says he believes Powell is ready to start lowering rates

President Donald Trump expressed confidence on July 25, 2025, that Federal Reserve Chair Jerome Powell is ready to start lowering interest rates, following a meeting between the two. Trump indicated the meeting was positive, quoting Powell as saying, “the country is doing well,” and interpreting this as a signal that Powell might recommend rate cuts. … Read more

Weekly mortgage application volume

Weekly mortgage application volume

The most recent data available on weekly mortgage application volume in the United States is from the Mortgage Bankers Association (MBA) Weekly Mortgage Applications Survey for the week ending July 18, 2025. According to posts found on X, mortgage applications decreased by 0.2% compared to the previous week. Refinance applications, which are sensitive to interest … Read more

Trump Budget Chief Accuses Fed Chair Powell of Mismanaging Central Bank, Escalating Tensions

Trump Budget Chief Accuses Fed Chair Powell of Mismanaging Central Bank, Escalating Tensions

By Sam, Professional JournalistWashington, D.C., July 10, 2025 — Russ Hanneman, President Donald Trump’s nominee for Director of the Office of Management and Budget (OMB), has publicly accused Federal Reserve Chair Jerome Powell of mismanaging the U.S. central bank, intensifying the administration’s ongoing feud with the Fed. Hanneman’s remarks, made during a July 9, 2025, … Read more

Federal Reserve Signals Rate Cuts in 2025, but Debate Persists on Scope and Timing

Federal Reserve Signals Rate Cuts in 2025, but Debate Persists on Scope and Timing

July 10, 2025 – Federal Reserve officials are increasingly aligned on the likelihood of interest rate cuts in 2025, but their June 17-18 meeting minutes reveal a sharp divide over the number and timing of these reductions, reflecting uncertainty driven by President Trump’s trade policies and mixed economic signals. The minutes, released Wednesday, show the … Read more

“Jerome Powell at ECB Forum: Watch His Take on Rates and Trump’s Tariff Push”

“Jerome Powell at ECB Forum: Watch His Take on Rates and Trump’s Tariff Push”

Federal Reserve Chairman Jerome Powell spoke at the European Central Bank (ECB) Forum on Central Banking in Sintra, Portugal, on July 1, 2025, at 9:30 a.m. ET (3:30 p.m. IST). The panel, moderated by Bloomberg’s Francine Lacqua, focused on the global economy amid policy shifts, featuring Powell alongside ECB President Christine Lagarde, Bank of England … Read more