Over the last couple of weeks we've been seeing President Donald Trump applying unprecedented political pressure to the Federal Reserve to cut interest rates. We're waiting to see if the board of governors will give in.

The Federal Reserve's two-day policy-setting meeting begins Tuesday. Policy committee members may be divided on their decision and forecasts.

The Federal Reserve is expected to cut its benchmark interest rate by a quarter of a point when it meets on Wednesday, the first cut in about a year. It has been described by those who watch the Fed as the most unprecedented meeting in many years due to political pressure from President Trump.

While inflation remains above the Fed's 2% target, economists expect a rate cut this September to address the weakening labor market.

Johns Hopkins political scientist Nicolas Jabko explains how prevailing political forces threaten to disrupt the nation's money supply and the global economy

While there is little doubt about the outcome of the Fed meeting, there are still questions over who exactly will be voting.

The Federal Reserve is preparing for its September meeting, where the board may decide to cut the federal funds rate in response to rising inflation. If the Fed lowers rates, it could impact savings account yields.

At long last, the Federal Reserve is on the verge of resuming rate cuts. The Federal Reserve last cut the Federal Funds Rate to its current target level of 4.25-4.50% in December 2024.

The Senate has approved one of President Donald Trump’s top economic advisers for a seat on the Federal Reserve’s governing board, giving the White House greater influence over the central bank just two days before it is expected to vote in favor of reducing its key interest rate.

Experts say Americans shouldn't expect a further decline in mortgage rates immediately after the Fed's September meeting.