The White House budget office Wednesday rescinded the federal aid freeze, according to multiple media reports citing an administration memo.
If you are trying to figure out whether now is the time to buy bonds, watch the White House more than the Federal Reserve. The benchmark 10-year Treasury yield has been rising toward 5%, Fed interest-rate cuts be damned.
Exchange-traded funds focused on the bond market slipped Wednesday, after the Federal Reserve decided to pause its interest-rate cutting cycle while waiting for new policies to be enacted under President Donald Trump.
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
Report TRUMP FIRST 100 DAYS © Alex Brandon, Associated Press White House rescinds memo amid legal battle THE TRUMP ADMINISTRATION on Wednesday signaled it planned to still
The Fed is likely to hold rates until June, while Trump will push for a rate-cut sooner Eight days after President Donald Trump's return to the White House, Federal Reserve officials will gather ...
The US Federal Reserve is on a collision course with Donald Trump, economists say, with the central bank set to keep interest rates on hold despite the president’s calls to reduce borrowing costs by “a lot”.
Mystery drones over New Jersey were authorized by the Federal Aviation Administration with the full knowledge of the Biden administration, White House Press Secretary Karoline Leavitt announced on Tuesday.
A federal judge blocked an effort by President Donald Trump's administration to pause federal grants and loans being dispersed across the nation on Tuesday. Nonprofit organizations are some of the recipients of those funds. Organizations in Oklahoma discussed what could happen if this effort moves forward in the future.
The Fed is likely to hold rates until June, while Trump will push for a rate cut in the nearer term Eight days after President Donald Trump's return to the White House, Federal Reserve officials ...
The U.S. central bank held interest rates steady on Wednesday and Federal Reserve Chair Jerome Powell said there would be no rush to cut them again until inflation and jobs data made it appropriate.