Dallas Fed president Lorie Logan said inflation is still too high and affordability too challenging to cut the Federal Reserve's key lending rate.

President Donald Trump renewed his attacks on the head of the Federal Reserve and demanded once again that the central bank artificially cut interest rates regardless of whether such a decision is indicated by economic conditions. In a Thursday post on ...

Warsh gave plenty of assurances but hardly any details.

The Fed has now paused rates for five consecutive meetings. However, expectations of another rate hike have increased in recent weeks.

"A hypothesis: the increase in real interest rates has nothing to do with fiscal policy, inflation or monetary policy and everything to do with the decline in free cash flow in the tech sector and the accompanying swing in national savings," he wrote. "If so, policy implications are nuanced."

Three Fed governors dissented from the FOMC's decision to hold interest rates steady, each preferring a 25-basis-point rate hike to combat inflation.

Investors expect the Fed to cut rates on Wednesday and keep cutting in 2026, but bond yields are hinting at deeper uncertainty ahead for markets.

The Fed's benchmark affects many of the interest rates consumers see every day, including those tied to mortgages, credit cards, car loans and savings accounts.