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

U.S. rate futures priced in late Wednesday a 93% chance of a 25-bps easing next month and as much as a 7% probability of a 50 ...

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

An index of global equity markets rose to a record high for the second straight session on Wednesday, partly underpinned by ...

By Ann Saphir (Reuters) -Chicago Federal Reserve Bank President Austan Goolsbee said on Wednesday he is uneasy assuming that ...

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

U.S. stocks turned mixed in Wednesday afternoon trading, and one reason may have to do with concerns over the timeline of ...

WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Tuesday said he was hopeful the Senate would confirm Stephen ...

US stocks rose amid increasing expectations that the Federal Reserve will cut interest rates at its next meeting, following ...

Treasury Secretary Scott Bessent said interest rates are too high by 150 to 175 basis points in an interview with Bloomberg ...

Scott Helfstein, head of investment strategy at Global X, added that there’s “little evidence” tariffs are causing a ...