New data from the White House Council of Economic Advisers backs President Donald Trump's calls for the Federal Reserve to cut interest rates.

Powell maintains that a “wait-and-see approach” is necessary, pointing to a still-growing economy and relatively low unemployment, which sits at 4.2%. But Pulte, who leads the Federal Housing Finance Agency and comes from the family behind PulteGroup, says high interest rates are hurting the housing market.

While Trump’s attacks on Musk and Powell make for good drama, it’s unlikely either feud will mean much for stocks. Tesla shares tumbled more than 5% Tuesday, but the selloff barely made a dent in the broader market ... to have an impact on the U.S ...

If EUR/USD fails to reclaim 1.1700, support levels could be seen at 1.1650 (Fibonacci 23.6% retracement of the latest uptrend), 1.1620 (200-period SMA) and 1.1540 (Fibonacci 38.2% retracement).

President Donald Trump is visiting the Federal Reserve headquarters in Washington, a week after indicating that Fed chair Jerome Powell’s handling of an extensive renovation project on two Fed buildin