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Top Fed Official Backs Jul. Rate Cut

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A top Fed official, considered a candidate to replace Powell, keeps calling for a rate cut this month
Fed Governor Christopher Waller, at a New York event, said the US central bank should lower borrowing costs at its July 29-30 policy meeting to preserve the labor market’s stren

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Top Fed Official Backs July Rate Cut as Trump Ramps Up Pressure
Why won’t the Fed cut rates in July? Its favorite inflation gauge is telling it not to.
Equities rise, dollar down with Treasury yields as volatility eases
Equity indexes advanced slightly on Wednesday while the dollar fell with U.S. bond yields, as markets calmed after U.S. President Donald Trump said he was "highly unlikely" to fire Federal Reserve Ch...

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Wall Street hangs near its record as PepsiCo and United Airlines offset drops for health care stocks
Wall Street ends up, after brief downward detour on Powell firing confusion
Wall Street steady again after Trump downplays threat to Fed Chair Jerome Powell’s job
Removing Fed Chair Jerome Powell might help Wall Street get the lower interest rates investors love but would also risk a weakened Fed unable to make the unpopular moves needed to keep inflation under...

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Trump may be testing the waters by threatening to fire Fed’s Powell. Why he’s playing a dangerous game.
Instant view: Markets gyrate on brief scare that Trump will fire Fed's Powell
Fed's Waller wants July interest rate cut amid rising growth, job market risks
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.
Federal Reserve's Waller says central bank should cut rates at next meeting
A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell, who has been harshly criticized by the White House for delaying rate cuts.
The Fed Should Cut Rates in July, Waller Says
A Federal Reserve governor seen as a candidate to succeed Chair Jerome Powell laid out his strongest case yet for a rate cut this month, aligning himself with President Trump's demands that the central bank lower interest rates.
Fed's Kugler backs holding rates, citing goods inflation from tariffs
Rising tariff-related price pressures justify keeping interest rates on hold for now, Federal Reserve Governor Adriana Kugler said on Thursday.
Inflation accelerated in June as the Fed weighs the impact of tariffs in rate cut timing
The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to 2.7% on an annual basis as prices rose for consumers.
Fed’s John Williams Says Rate Stance Remains ‘Entirely Appropriate’
The president of the New York Fed suggested he is reluctant to support lowering interest rates ahead of the bank’s next meeting, arguing that tariffs are likely to drive further inflation.
Why Trump's push for a 1% Fed policy rate could spell trouble for US economy
A Fed policy rate that low is not typically a sign that the U.S. is the "hottest" country in the world for investment, as Trump has said.
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