News

Have a CD account maturing right before interest rates are cut? Do this now.

Is the timing between your CD account maturity date and a rate cut set to collide? Consider taking these steps now.

Treasury Secretary Scott Bessent pushes back on claims he’s pressuring the Fed to slash rates

Treasury Secretary Scott Bessent clarifies he's not directing the Fed after suggesting neutral interest rates should be 150 ...

There's one thing that could throw cold water on rate cuts, says one of the contenders for Fed chief

The 10-year Treasury yield will be a key factor determining how aggressively the Fed can cut rates, Marc Sumerlin, a contender for Fed Chair, said.

Bessent Says Interest Rates Should Fall by at Least 1.5 Percentage Points Over Time

Treasury Secretary Scott Bessent said interest rates should be substantially lower than they are now, and he believes there ...

Bill Dudley: The Fed’s under siege. It’ll be just fine

The Fed’s achievements in stabilizing markets during the 2008 financial crisis and the Covid pandemic, and in bringing down ...

Fed's Daly says 50 basis point rate cut next month doesn't seem warranted, WSJ reports

San Francisco Federal Reserve President Mary Daly has pushed back against the need for an interest rate cut of 50 basis ...

Treasury Secretary Bessent wants the Fed to lower its lending rate

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

Exclusive: Fed’s Daly Says Jumbo Rate Cut Next Month Doesn’t Seem Warranted

San Francisco Fed President Mary Daly pushed back against the need for an interest-rate cut of a half percentage point, or 50 ...

Stocks ease, US yields rise after hot US inflation data shakes confidence in Fed rate cut

Global stocks edged lower on Thursday, with equities on Wall Street ending flat, while U.S. Treasury yields rose after market ...

The Case for Interest-Rate Cuts Is Weak. But Trump Is Still Likely to Get Them.

Growth, inflation and jobs data don’t signal rates cuts. Yet the odds of a quarter-point September cut are at just under 100% ...