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Inflation held steady in July and ran slightly cooler than expected, increasing the odds of a Federal Reserve rate cut next ...
Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...
Treasury Secretary Scott Bessent says the Federal Reserve should drastically slash rates. Wall Street isn’t so sure.
Chicago Federal Reserve Bank President Austan Goolsbee on Friday left the door open to supporting an interest-rate cut in ...
The Federal Reserve is poised to lower interest rates in September. But signs of stickier inflation could limit how much ...
Is the timing between your CD account maturity date and a rate cut set to collide? Consider taking these steps now.
The S&P 500 and the Nasdaq Composite reached all-time highs late June, thanks to renewed AI enthusiasm, hopes of U.S. trade ...
Fed cuts would immediately make borrowing cheaper on credit cards and auto loans, since those products are based on the short ...
The dollar slipped on Friday as a data-heavy week wound down, keeping the case for a September Federal Reserve interest rate ...
Treasury Secretary Scott Bessent clarifies he's not directing the Fed after suggesting neutral interest rates should be 150 ...
President Trump and Treasury Secretary Scott Bessent have been pushing for aggressive Federal Reserve interest-rate cuts. But ...
San Francisco Fed President Mary Daly pushed back against the need for an interest-rate cut of a half percentage point, or 50 ...