Trump Meets with Fed Chair Jerome Powell
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Fed ‘Well Positioned’ to Wait on Rate Cuts Even
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Federal Reserve Bank of Dallas President Lorie Logan on Thursday signaled that the central bank may need to keep short-term interest rates where they are for quite some time as it waits for the data to show if President Donald Trump's mix of trade,
The Fed hasn't adjusted interest rates this year, and isn't expected to make a move for months. Yet today's highest CD rate is better than you could score last week.
The president met with Federal Reserve Chair Jerome H. Powell for the first time this term, after publicly pressuring him last month to slash interest rates.