Former CBO director says Trump’s economic decisions during second term are “not the right way to go”

[ad_1] President Trump’s position on interest rates and the overall economy is under intense scrutiny. Former Congressional Budget Office Director Douglas Holtz-Eakin, one of the U.S.’ foremost conservative economists, says in his first term, Mr. Trump did some “astounding” things for the economy. Holtz-Eakin joins “The Takeout” to discuss why his views on the president’s…

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What the Fed interest rate cut means for mortgages

[ad_1] Mortgage interest rates have been declining in anticipation of a Fed rate cut. Andrii Yalanskyi/Getty Images It may not have been a surprise, but the interest rate cut the Federal Reserve issued on Wednesday was still a welcome development for millions of Americans. In the first reduction since December 2024, the central bank elected…

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