Federal Reserve members speak out on interest rate cuts

Fed Governor Christopher Waller officially calls for a July rate cut
Fed chair responds to concerns about mismanaging HQ renovations

Jerome Powell dismisses arguments that the $2.5 billion renovation is a boondoggle
Overall wholesale inflation unchanged in June

The surprising inflation news shows little impact so far from current tariffs
June inflation report may have shut the door on a Fed rate cut in July

Tariff impacts are starting to appear in consumer prices
Trump administration keeps the heat on Federal Reserve Chair Jerome Powell

Whether or not the president can fire Powell still “being looked into” by White House
FHFA head cites unspecified reports Powell is considering resigning

Bill Pulte said the ‘economy will boom’ if Jerome Powell steps down as Fed chair
White House budget director attacks Fed chair on both monetary and fiscal fronts

Russell Vought criticized Jerome Powell’s handling of inflation and a costly office renovation project
Fed meeting minutes reveal fissures on potential rate cuts

Tariff uncertainty and a resilient labor market have put the central bank in a dicey spot
Inflation fears ebb, though consumers are still cutting back on spending

Year-ahead consumer inflation expectations dipped to 3%: New York Fed survey
Fed’s Powell pens letter addressing office renovation uproar

FHFA head Bill Pulte questioned the timing of the Fed chair’s letter to Sen. Tim Scott