A delayed rate cut could put President Trump on a "collision course” with the Federal Reserve, warned economist Nouriel ...

“The Dallas metroplex seems to be on solid footing right now,” said WalletHub analyst Chip Lubo.

President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.

Conversely, the Fed raises the federal funds rate to slow economic activity and reduce inflation. Higher interest rates increase borrowing costs for companies and consumers, slowing economic activity.