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Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...
A Federal Reserve interest rate cut in September, the first this year, followed perhaps by another before year-end remains ...
The Fed is hesitant to change interest rates largely due to one factor uncertainty over President Donald Trump's tariffs. The ...
The dollar slipped for a second straight session on Wednesday, a day after a U.S. inflation reading increased expectations of ...
Treasury Secretary Bessent’s bold outlook is fueled by a surprise July inflation report and revised jobs data.
It's the first time that Bessent has pressured the central bank for lowering the cost of borrowing, citing weak employment ...
Is the timing between your CD account maturity date and a rate cut set to collide? Consider taking these steps now.
CME's closely watched FedWatch tool uses the futures market to predict rate-cut odds. It currently pegs at 93% the probability that at the central bank's next meeting, on Sept. 17, Fed Chairman Jerome ...
The current Federal Reserve interest rate is significantly higher than necessary and should be lowered, Treasury Secretary ...
President Trump and Treasury Secretary Scott Bessent have been pushing for aggressive Federal Reserve interest-rate cuts. But ...
Treasury Secretary Scott Bessent clarifies he's not directing the Fed after suggesting neutral interest rates should be 150 ...
The 10-year Treasury yield will be a key factor determining how aggressively the Fed can cut rates, Marc Sumerlin, a contender for Fed Chair, said.