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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%, ...
United States Treasury Secretary Scott Bessent says he hopes the Federal Reserve will cut its interest rate by 0.5 percentage ...
Aug 14 (Reuters) - A jump in wholesale prices is likely to bolster concerns among Federal Reserve policymakers that rising ...
Global stocks edged lower on Thursday, with equities on Wall Street ending flat, while U.S. Treasury yields rose after market ...
The dollar slipped for a second straight session on Wednesday, a day after a U.S. inflation reading increased expectations of ...
San Francisco Fed President Mary Daly pushed back against the need for an interest-rate cut of a half percentage point, or 50 ...
The current Federal Reserve interest rate is significantly higher than necessary and should be lowered, Treasury Secretary ...
The bigger-than-expected jump in on US wholesale prices signalled tariffs are pushing up inflation. Read more at straitstimes ...
Global stocks retreated from record highs on Thursday while U.S. Treasury yields rose after market expectations for an ...
The Fed is hesitant to change interest rates largely due to one factor uncertainty over President Donald Trump's tariffs. The ...
Spot gold is down 1.8% this week, despite a 25% year-to-date increase. Ongoing tariff uncertainties and inflationary ...
Gold prices edged higher on Friday, buoyed by a weaker dollar, but were poised for a weekly decline after ...