Federal Reserve, White House interest-rate cut battle heats up

Decision looms as Fed Chief blasted with strong message to slash interest rate or quit.

Jun 14, 2025 - 16:52
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Federal Reserve, White House interest-rate cut battle heats up

The post-pandemic inflation that’s been squeezing your grocery and credit-card bills for years takes center stage in Washington in just days.

That’s when the Federal Reserve Board meets to consider interest rates, a gathering that the White House has been – to put it mildly – strongly trying to influence.