Fed, Trump and interest rates
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CNET on MSNHome Loan Rates Inch Higher for Borrowers: Mortgage Interest Rates Today for July 21, 2025Ongoing uncertainty could cause rates to stay high, or increase further. For instance, if tariffs cause inflation to reignite, which most experts and Fed officials expect, it could result in higher bond yields and fewer interest rate cuts by the central bank. Both would be bad for mortgage rates.
Explore how the U-shaped yield curve, Treasury rates, and inflation trends align with Trump's rate cut call, offering insights for short-term investments.
The average rate on 30-year fixed home loans increased to 6.75% for the week ending July 17, up from 6.72% last week.
Gold rose as traders assessed differing views from US Federal Reserve officials on how President Donald Trump’s tariff agenda will impact inflation.
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A rise in mortgage interest rates has led to a decline in people applying for home loans and homeowners refinancing.
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.
Financial markets are betting the Federal Reserve sticks to its "wait and see" approach to interest rates this summer, but that by September it will have waited and seen enough to start cutting borrowing costs.
Bank apply interest rates on personal loans to earn income on the funds they disburse to borrowers. The rate is referred to as an Annual Percentage Rate (APR)
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With 'artificially high' interest rates, Fed Chair Powell is costing taxpayers $315 billion a year, CEO claimsAzoria CEO James Fishback explains how Federal Reserve Chair Jerome Powell 'lied' to Americans and lays out the 'core issue' of high interest rates for home ownership on 'Making Money.'