Fed, Trump and interest rate
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President Donald Trump's administration is asking the Supreme Court for an emergency order to remove Lisa Cook from the Federal Reserve’s board of governors.
The euro eases from the four-year high reached against the dollar Wednesday following the Federal Reserve’s decision to cut interest rates by 25 basis points. The dollar initially weakened after the decision but quickly reversed higher as Fed Chair Jerome Powell sounded cautious about future policy easing,
Federal Reserve chairman Jerome Powell reveals whether interest rates will be cut.
The Fed meeting in September could bring a rate cut. Here's what that means for savings accounts and CDs, and how to prepare.