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Trump says he will 'demand' that interest rates come down, but it won't be that simple
Read full article: Trump says he will 'demand' that interest rates come down, but it won't be that simplePresident Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep.
Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause
Read full article: Inflation pressures lingering from pandemic are keeping Fed rate cuts on pauseHopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed officials underscoring their intention to keep borrowing costs high as long as needed to curb persistently elevated inflation.