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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%, ...
The current Federal Reserve interest rate is significantly higher than necessary and should be lowered, Treasury Secretary ...
Treasury Secretary Scott Bessent on Wednesday urged central bankers to issue a half-point cut at next month’s meeting – breaking from his zipped-lip stance on the Fed’s monetary agenda. Bessent said ...
An index of global equity markets rose to a record high for the second straight session on Wednesday, partly underpinned by ...
The dollar slipped for a second straight session on Wednesday, a day after a U.S. inflation reading increased expectations of ...
Donald Trump, from inside the White House, said Wednesday that he’s already trimmed his Fed chair shortlist down to “three or ...
Fed-funds futures traders were shifting toward a greater likelihood of a 50-basis-point rate cut from the Federal Reserve by ...
US President Donald Trump's repeated attacks on Powell have alarmed economists who warn of potential damage to the Fed’s independence.
With the Federal Reserve expected to cut interest rates in September, now’s a smart time to lock in a winning rate while you can.
National Guard troops have been deployed across the District as President Donald Trump ramps up his federal crackdown on ...
FOX 5 DC observed federal agents arresting a man believed to be a food truck vendor near the National Mall on Tuesday, as part of reported enforcement activity in the area.
The Texas economy is showing signs of slowing down, a report out of the Dallas Federal Reserve showed. The latest data shows ...