Page 46 - Fed Rate News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Other countries have been cutting interest rates. spending to get their economies growing and that's exactly what president trump wants to happen right here in the u.s. as well, tweeting "as i predicted, they've allowed the dollar to get so strong especially relative to all the currencies that are manufacturers are being negatively affected. fed rate too high. they are their own worst enemies, they don't have a clue. pathetic!" i should point out that the u.s. consumer remains the strongest point in the u.s. economy. we did have forever 21 closing shop, hitting bankruptcy. they are shutting ar...

Great to have you here. and i don't wait when i return, thanks to drop & go. do you like this idea of the fed rate cut today? at national, i can lose the wait...and keep it off. >> well, i think that everybody expects the fed is going to cut rates today. looking good, patrick. i think there is this problem, you know, bill dudley who used to be the head of the new york i know. (vo) go national. go like a pro. fed and was vice chair of the open market committee sort of called on democrats everywhere to resist president trump and he called on the fed not to cut i've always been faand still going ...

But the ammunition is limited. the fed is about out of ammunition. one weird little thing and what do you do then? go to negative rates? that helps corporations. that hurts old people on fixed incomes. that hurts savers. anybody wants to save money, hurts all of those people. the ones that it helps in enormous ways, only them, corporations. any rate, the fed rate is the rate that institutions charge each other. the fed lost control of the interest rate because of a cash shortage. that sent short term interest rates shooting above the fed's 2.25% threshold and spiked to 10%. this is right here ...

Possibility of a payroll tax cut. what are you supposed to make of that? well, the white house also has told cnn's jim accost osthat nothing like that is under consideration. it's very hard for this white house to go out and say that they're talking about a payroll tax cut at this juncture simply because it's their position tat the economy is strong. the president even in tweets just yesterday pinning it on the fed saying jerome powell needs to reduce the fed rate by 100 basis paints, which of course would put the economy in a tough position because the fed wouldn't have a lot of room to move ...

So the president has been in the oval office with the president of romania. there's been an agenda there, but he answered questions from media, and they have been wide ranging as is often the case with this president. they talked about russia, they talked about trade, they talked about the economy, and about guns. once again, backing off on what he said about background checks. here's the president a short time ago. >> to stave off any economic slowdown? >> i would like to see a cut of fed rate, that should have happened, i think they're tardy in not doing it. they raise too quickly and i have...