In a candid interview with Fox News, President Donald Trump revealed a brutal nickname for Federal Reserve Chairman Jerome Powell, intensifying his criticism over interest rate policies. The remarks highlight ongoing tensions between the White House and the Federal Reserve concerning U.S. monetary policy decisions.

As Wall Street nervously anticipates Thursday’s employment report, concerns grow that weak job numbers could provoke significant political reactions, potentially impacting interest rates.

Mortgage interest rates eased this week as the Federal Reserve maintained short-term rates, hinting at potential cuts in the fall. The average 30-year fixed-rate mortgage fell eight basis points to 6.86%, offering a glimmer of hope for prospective homebuyers.

A recent survey reveals that most economists expect the Bank of Japan to maintain its current interest rates through the end of 2025 amid uncertainties over US tariff policies. Concerns about Japan’s economic outlook and public finances are delaying anticipated rate hikes and influencing monetary policy decisions.

As trade tensions unsettle markets and cloud economic forecasts, the Federal Reserve is expected to keep interest rates unchanged. Despite pressure from President Trump, the Fed chooses caution, aiming to navigate economic uncertainty without altering monetary policy.

The New Zealand Finance Minister has stated that the Reserve Bank of New Zealand has ample room to lower interest rates if needed, indicating potential future adjustments to monetary policy amid economic considerations.