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· 18hFed rate cuts might not stimulate the economy very much: DataTrek
President Trump and Treasury Secretary Scott Bessent have been pushing for aggressive Federal Reserve interest-rate cuts. But one Wall Street strategist warned that even if the Fed delivers, it might not do much to stimulate the economy.
In late July Fed Chairman Jerome Powell and the majority of the policy-making Federal Open Market Committee voted to maintain ...
Treasury Secretary Scott Bessent said interest rates should be substantially lower than they are now, and he believes there ...
San Francisco Federal Reserve President Mary Daly has pushed back against the need for an interest rate cut of 50 basis ...
Federal Reserve Bank of St. Louis President Alberto Musalem said it’s too early for him to decide on whether to lower ...
The average rate on 30-year fixed home loans registered 6.63% for the week ending Aug. 7, down from 6.72% last week.
The U.S. dollar rose slightly against other major currencies on Thursday, but stayed close to multi-week lows as bets that ...
San Francisco Fed President Mary Daly pushed back against the need for an interest-rate cut of a half percentage point, or 50 ...
The Fed is hesitant to change interest rates largely due to one factor uncertainty over President Donald Trump's tariffs. The ...
Chicago Federal Reserve President Austan Goolsbee visited Mel-O-Cream Donuts in Illinois to assess the economic impact of the ...
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