Browsing: Feds

The battle between Federal Reserve Board Governor Lisa Cook and the Trump Administration over mortgage fraud allegations and their implications intensified this week.Cook filed a temporary…

Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March 22, 2024. A trio of central…

Financial incentiveThe main reason a borrower could be motivated to claim a primary residence on a mortgage application is to get a lower interest rate for…

New York Federal Reserve President John Williams on Wednesday stressed the importance of central bank independence as President Donald Trump looks to exert control over monetary…

Kansas City Federal Reserve President Jeffrey Schmid expressed doubt about lowering interest rates in September, saying policymakers still have more work to do on inflation.Speaking to…

Cleveland Federal Reserve President Beth Hammack said Friday she would be hesitant about lowering interest rates as long as inflation remains a threat.In a CNBC interview,…

President Trump is demanding the resignation of Federal Reserve Governor Lisa Cook after his housing chief accused her of lying on mortgage applications. The allegations, if…

The director of the Federal Housing Finance Agency is urging Attorney General Pam Bondi to investigate Federal Reserve Governor Lisa Cook over a pair of mortgages,…

A Federal Reserve official emphasized the importance of the central bank’s independence, warning that interference could lead to higher inflation.Federal Reserve Bank of Chicago President Austan…

Meeting date Rate change Target & target range Sept. 18, 2007 -50 basis points 4.75 percent Oct. 30-31, 2007 -25 basis points 4.5 percent Dec. 11,…