Treasury Secretary Bessent’s bold outlook is fueled by a surprise July inflation report and revised jobs data.

Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...

I think we could go into a series of rate cuts here, starting with a 50 basis-point rate cut in September,” Bessent said in a ...

Economists at Nomura Holdings Inc now forecast the US Federal Reserve (Fed) will begin cutting interest rates in September as ...

US July CPI data drops to 2.7%, boosting expectations of a September Federal Reserve rate cut as markets react to soft ...

Gold price climbs during the North American session on Wednesday, up by 0.30% as investors continue to increase their bets ...

September S&P 500 E-Mini futures (ESU25) are trending up +0.24% this morning, extending yesterday’s gains as growing ...

Bonds rallied overnight, largely in concert with lower EU yields. Stable inflation in Germany and lower oil prices helped.

U.S. consumer prices rose 0.2% in July, matching expectations, according to Reuters. Higher airline fares, healthcare costs, ...

Gold rose on Wednesday as expectations of a U.S. Federal Reserve interest rate cut in September gained traction following ...

From bloomberg.com On Monday, a combination of domestic and international factors contributed to a significant reassessment by market participants of the probability of a Federal Reserve interest rate ...