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Trump wanted interest rate cuts to be 'Rocket Fuel' for the economy. He is losing that fight so far AP NewsTrump says Fed Chair Warsh 'would love' to lower interest rates. He might push to raise them instead Yahoo FinanceTrump stands by his 'brilliant' Fed pick despite no rate cuts ReutersTrump renews rate pressure on Fed as July FOMC meeting opens mpamag.com
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The Trump administration's ‘draconian' water cuts could gut Arizona's Colorado River supply Arizona MirrorU.S. Raises Threat of Steep Water Cuts in Lower Colorado River Basin The New York TimesArizona, California and Nevada would share cuts under federal proposal for Colorado River PBSHistorically low water level in two crucial US reservoirs threatens water and power for millions CNN
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EXCLUSIVE: Bessent's 'to do' list: buy $5-10 billion worth of Japanese yen, Reuters photo shows ReutersUS Treasury informed banks that it may intervene in Japan's yen, source says ReutersBessent ‘to-do' list shows proposal for US to buy $5bn-$10bn of Japanese yen The GuardianYen Gains as US Banks Asked by New York Fed to Check Key Rate bloomberg.com
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The Federal Reserve has met at least eight times a year for decades. Reducing the number of meetings would represent the biggest change by Kevin M. Warsh since he became chairman.
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The trio of dissenters at the Federal Reserve who backed an increase in interest rates this week contend high inflation could get entrenched in the economy unless the central bank acts decisively to get prices under control.
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