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

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

The dollar slipped for a second straight session on Wednesday, a day after a U.S. inflation reading increased expectations of ...

The current Federal Reserve interest rate is significantly higher than necessary and should be lowered, Treasury Secretary ...

Fed's Goolsbee said he's more worried about inflation than weak job growth. His remarks suggest he may not support a ...

Chicago Federal Reserve Bank President Austan Goolsbee said on Wednesday he is uneasy assuming that tariffs will not push up ...

It's the first time that Bessent has pressured the central bank for lowering the cost of borrowing, citing weak employment ...

This uncertainty introduces interest rate risk, especially for HELOCs with variable rates, meaning borrowing costs could ...

Two Fed officials on Wednesday suggested the central bank can be patient in lowering rates. Markets see a rate cut in ...

Tom Barkin, president of the Federal Reserve Bank of Richmond, told a Greenville Chamber group the next rate-cut decision is ...

The Federal Reserve has not approved an interest rate cut since before the Nov. 5 election, but one of its governors said she ...

President Donald Trump on Tuesday morning made his latest call for the Federal Reserve to lower interest rates following July ...