Christopher Rugaber, The Associated Press

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Why Trump's call for the Fed to cut interest rates may not help consumers

Why Trump's call for the Fed to cut interest rates may not help consumers

President Donald Trump is badgering the Federal Reserve to cut interest rates, but even if the Fed gave in to the pressure, it wouldn't necessarily lead to lower borrowing costs for consumers.

US and global economic outlook deteriorates in Trump trade war, IMF says

US and global economic outlook deteriorates in Trump trade war, IMF says

WASHINGTON (AP) -- The U.S. and global economies will likely slow significantly in the wake of President Donald Trump's tariffs and the uncertainty they have created, the International Monetary Fund said Tuesday.

Trump renews attack on Federal Reserve Chair Powell, Dow Jones tumbles 1,000 points

Trump renews attack on Federal Reserve Chair Powell, Dow Jones tumbles 1,000 points

WASHINGTON (AP) -- President Donald Trump repeated his attacks Monday against the chair of the Federal Reserve, demanding that the central bank lower its key interest rate to boost the economy.

Trump renews attacks on Federal Reserve Chair Powell, accelerating US market slide

Trump renews attacks on Federal Reserve Chair Powell, accelerating US market slide

WASHINGTON (AP) -- President Donald Trump repeated his attacks Monday against the chair of the Federal Reserve, demanding that the central bank lower its key interest rate to boost the economy.

Trump's attacks on Powell threaten the Fed's independence. Here's why it matters

Trump's attacks on Powell threaten the Fed's independence. Here's why it matters

WASHINGTON (AP) -- Donald Trump has stepped up his attacks on Federal Reserve Chair Jerome Powell at the same time that the Supreme Court is considering a case that could make it easier for the president to fire him.

'Stagflation' risk puts Federal Reserve in tricky spot as it meets this week

'Stagflation' risk puts Federal Reserve in tricky spot as it meets this week

WASHINGTON (AP) -- When Federal Reserve officials last met in late January, things looked pretty good: Hiring was solid. The economy had just grown at a solid pace in last year's final quarter. And inflation, while stubborn, had fallen sharply from its peak more than two years ago.

Powell says Trump's comments won't affect interest rate decisions by the Fed

Powell says Trump's comments won't affect interest rate decisions by the Fed

WASHINGTON (AP) -- Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's calls for lower interest rates won't lead the central bank to change its rate decisions.

Fed chair says bank accounts 'safe' despite Trump's teardown of consumer protection agency

Fed chair says bank accounts 'safe' despite Trump's teardown of consumer protection agency

WASHINGTON (AP) -- Americans' bank accounts are safe despite the Trump administration's shutdown of a consumer financial regulatory agency, Federal Reserve Chair Jerome Powell said Tuesday.

Powell says Fed 'well positioned' for the 'risks and uncertainties' that lie ahead

Powell says Fed 'well positioned' for the 'risks and uncertainties' that lie ahead

WASHINGTON (AP) -- The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job market is solid, Chair Jerome Powell said Tuesday on the first day of a two-day appearance before Congress.

Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill

Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill

WASHINGTON (AP) -- The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more officials say they want to see how new policies from the White House affect the economy.

Trump administration orders consumer protection agency to stop work, closes building

Trump administration orders consumer protection agency to stop work, closes building

WASHINGTON (AP) -- The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down an agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal.

Trump official orders consumer protection agency to stop work

WASHINGTON (AP) -- The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal.

Trump says he will 'demand' that interest rates come down, but it won't be that simple

Trump says he will 'demand' that interest rates come down, but it won't be that simple

WASHINGTON (AP) -- President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep.

Trump's inheriting a solid economy, making it harder to lower borrowing costs or inflation

Trump's inheriting a solid economy, making it harder to lower borrowing costs or inflation

WASHINGTON (AP) -- President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep.

Top Federal Reserve bank regulator, under fire from GOP, to step down next month

WASHINGTON (AP) -- The Federal Reserve's top financial regulator said Monday that he would resign next month, avoiding a potential confrontation with the incoming Trump administration and Republicans in the Senate.

Trump names Andrew Ferguson as head of Federal Trade Commission to replace Lina Khan

Trump names Andrew Ferguson as head of Federal Trade Commission to replace Lina Khan

WASHINGTON (AP) -- President-elect Donald Trump on Tuesday named Andrew Ferguson as the next chair of the Federal Trade Commission.

Why Trump and the Federal Reserve could clash in the coming years

Why Trump and the Federal Reserve could clash in the coming years

WASHINGTON (AP) -- President-elect Donald Trump campaigned on the promise that his policies would reduce high borrowing costs and lighten the financial burden on American households.

Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty

Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty

WASHINGTON (AP) -- The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump's presidential election victory this week.

Federal Reserve is set to cut interest rates again as post-election uncertainty grows

Federal Reserve is set to cut interest rates again as post-election uncertainty grows

WASHINGTON (AP) -- Federal Reserve officials are poised Thursday to reduce their key interest rate for a second straight time, responding to a steady slowdown of the inflation pressures that exasperated many Americans and contributed to Donald Trump's presidential election victory.

Inflation gauge closely watched by the Fed falls to lowest level since early 2021

Inflation gauge closely watched by the Fed falls to lowest level since early 2021

WASHINGTON (AP) -- As a presidential race profoundly shaped by Americans' frustration with high prices nears its end, the government said Thursday that an inflation gauge closely watched by the Federal Reserve has dropped to near pre-pandemic levels.

Inflation gauge closely watched by the Fed falls to lowest level in 3 1/2 years

Inflation gauge closely watched by the Fed falls to lowest level in 3 1/2 years

WASHINGTON (AP) -- As a presidential race profoundly shaped by Americans' frustration with high prices nears its end, the government said Thursday that an inflation gauge closely watched by the Federal Reserve has dropped to near pre-pandemic levels.

Jobs report on eve of election will be among the most muddled in years

Jobs report on eve of election will be among the most muddled in years

WASHINGTON (AP) -- Four days before Election Day, the government will issue its final snapshot of hiring and unemployment in the United States after a presidential race in which voter perceptions of the economy have played a central role.

Jobs report on eve of election will be among the most distorted in years

Jobs report on eve of election will be among the most distorted in years

WASHINGTON (AP) -- Four days before Election Day, the government will issue its final snapshot of hiring and unemployment in the United States after a presidential race in which voter perceptions of the economy have played a central role.

US inflation reaches lowest point in 3 years, though some price pressures remain

US inflation reaches lowest point in 3 years, though some price pressures remain

WASHINGTON (AP) -- Inflation in the United States dropped last month to its lowest point since it first began surging more than three years ago, adding to a spate of encouraging economic news in the closing weeks of the presidential race.

US inflation reaches lowest point since February 2021, though some price pressures remain

US inflation reaches lowest point since February 2021, though some price pressures remain

WASHINGTON (AP) -- Inflation in the United States dropped last month to its lowest point since it first began surging more than three years ago, adding to a spate of encouraging economic news in the closing weeks of the presidential race.

US inflation likely cooled again last month in latest sign of a healthy economy

US inflation likely cooled again last month in latest sign of a healthy economy

WASHINGTON (AP) -- U.S. inflation last month likely reached its lowest point since February 2021, clearing the way for another Federal Reserve rate cut and adding to the stream of encouraging economic data that has emerged in the final weeks of the presidential campaign.

The Fed sees its inflation fight as a success. Will the public eventually agree?

The Fed sees its inflation fight as a success. Will the public eventually agree?

WASHINGTON (AP) -- With its larger-than-usual half-point cut to its key interest rate last week, the Federal Reserve underscored its belief that it's all but conquered inflation after three long years.

Federal Reserve signals end to inflation fight with a sizable half-point rate cut

Federal Reserve signals end to inflation fight with a sizable half-point rate cut

WASHINGTON (AP) -- The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfully expensive for American consumers.

Federal Reserve cuts key rate by sizable half-point, signaling end to its inflation fight

Federal Reserve cuts key rate by sizable half-point, signaling end to its inflation fight

WASHINGTON (AP) -- The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame inflation but that also made borrowing painfully expensive for American consumers.

Federal Reserve is set to cut interest rates for the first time in 4 years

Federal Reserve is set to cut interest rates for the first time in 4 years

WASHINGTON (AP) -- Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn't done in more than four years: Cut its benchmark interest rate, a step that should lead to lower borrowing costs for consumers and businesses just weeks before the presidential election.

Wholesale inflation mostly cooled last month in latest sign that price pressures are slowing

Wholesale inflation mostly cooled last month in latest sign that price pressures are slowing

WASHINGTON (AP) -- U.S. wholesale price increases mostly slowed last month, the latest evidence that inflation pressures are cooling enough for the Federal Reserve to begin cutting interest rates next week.

What is 'price gouging' and why is VP Harris proposing to ban it?

What is 'price gouging' and why is VP Harris proposing to ban it?

With inflation and high grocery prices still frustrating many voters, Vice President Kamala Harris on Friday proposed a ban on "price gouging" by food suppliers and grocery stores, as part of a broader agenda aimed at lowering the cost of housing, medicine, and food.

Vance backs Trump's support for a presidential 'say' on Federal Reserve's interest rate policy

Vance backs Trump's support for a presidential 'say' on Federal Reserve's interest rate policy

WASHINGTON (AP) -- JD Vance has endorsed former President Donald Trump's call for the White House to have "a say" over the Federal Reserve's interest rate policies -- a view that runs counter to decades of economicresearch suggesting that politically independent central banks are essential to controlling inflation and maintaining confidence in the global financial system.

Harris will carry Biden's economic record into the election. She hopes to turn it into an asset

Harris will carry Biden's economic record into the election. She hopes to turn it into an asset

WASHINGTON (AP) -- A key question is looming for Vice President Kamala Harris as she edges closer to gaining the Democratic presidential nomination: Can she turn the Biden-Harris economic record into a political advantage in a way that President Joe Biden failed to do?

Federal Reserve highlights its political independence as presidential campaign heats up

Federal Reserve highlights its political independence as presidential campaign heats up

WASHINGTON (AP) -- The Federal Reserve is highlighting the importance of its political independence at a time when Donald Trump, who frequently attacked the Fed's policymaking in the past, edges closer to formally becoming the Republican nominee for president again.