If you are trying to figure out whether now is the time to buy bonds, watch the White House more than the Federal Reserve. The benchmark 10-year Treasury yield has been rising toward 5%, Fed interest-rate cuts be damned.
The White House budget office Wednesday rescinded the federal aid freeze, according to multiple media reports citing an administration memo.
The Federal paused rate cuts after its first meeting of the year — here’s what that means for your credit card, mortgage rate, auto loan and savings account.
Fox News senior White House correspondent Jacqui Heinrich reports on the Trump administration’s decision to rescind its freeze on federal grants on ‘America Reports.
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
Economists expect the Federal Reserve to keep interest rates unchanged as its Open Market Committee is set to conclude its meeting on Wednesday afternoon.
The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after President Donald Trump said he would soon demand lower rates
The US Federal Reserve is on a collision course with Donald Trump, economists say, with the central bank set to keep interest rates on hold despite the president’s calls to reduce borrowing costs by “a lot”.
“Matthew J. Vaeth, the acting director of the White House Office of Management and Budget, instructs federal agencies to “temporarily pause all activities related to obligations or disbursement of all Federal financial assistance.”
Donald Trump signed his first executive order on crypto, establishing a working group and prohibiting CBDCs without mentioning Bitcoin.
A federal judge blocked an effort by President Donald Trump's administration to pause federal grants and loans being dispersed across the nation on Tuesday. Nonprofit organizations are some of the recipients of those funds. Organizations in Oklahoma discussed what could happen if this effort moves forward in the future.
Chris Krueger, TD Cowen managing director, joins CNBC's 'The Exchange' to break down the White House's rescinding a memo freezing federal aid.