President Trump met with Fed Chair Jerome Powell to discuss the economy, though interest rates weren’t a focal point, according to the Fed. Trump reportedly told Powell that he believed not lowering interest rates was a “mistake,” despite the Fed’s commitment to objective, non-political analysis. This meeting, initiated by Trump, occurs amidst his public criticism of Powell’s monetary policy.
Corporate loan demand outpaces retail credit as firms shift from bonds to banks
Corporate sector borrowing from banks is accelerating past individual loans, driven by companies seeking cost savings as corporate bond yields climb. Recent RBI rate cuts
July 2, 2026