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Fed rate-cut drumbeat pegs back dollar

Dollar steady near multi-week lows as Fed rate-cut bets build, yen rises

The U.S. dollar rose slightly against other major currencies on Thursday, but stayed close to multi-week lows as bets that the Federal Reserve will resume cutting interest rates next month ticked higher.

The Wall Street Journal on MSN · 1d

Dollar Stays Weaker as U.S. Rate Cut Bets Firm

The dollar remained weaker after U.S. inflation data on Tuesday cemented expectations for the Fed to resume cutting interest rates in September.

InvestorsHub on MSN · 23h

Dollar Slides as Investors Anticipate Fed Rate Cut in September

The U.S. dollar retreated on Wednesday, continuing its downward trend after modest inflation data fueled speculation that the Federal Reserve may lower interest rates next month. By 04:25 ET (08:25 GMT),

Fed, Bessent and rates

ABC News on MSN · 12h

Is the Fed ready to cut interest rates? Experts weigh in

Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, according to the CME FedWatch Tool, a measure of market sentiment.

UPI · 12h

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 Scott Bessent said on Wednesday.

This is Money on MSN · 32m

Bessent ups pressure on Fed to slash interest rates

Trump has pressed the Fed to lower interest rates and launched several attacks on chairman Jerome Powell. The FTSE 100 came close to a record high yesterday, reaching nearly 9183 points in early trading, before closing at 9165.23 – 0.2 per cent up on the day.

12hon MSN

Fed's Goolsbee is concerned about inflation, not jobs, hinting at high bar for rate cut

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

12h

Stock market today: Dow jumps 450 points as S&P 500, Nasdaq log back-to-back records on surging Fed rate cut bets

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

6hon MSN

Gold extends rise on Fed rate cut hopes, softer dollar

Gold extended gains to a third straight session on Thursday, supported by rising expectations of an interest rate cut by the ...

21h

As the Fed cuts rates, flows from money market funds will broaden the rally: Citadel strategist

Scott Rubner, a former Goldman Sachs tactical strategist now at Citadel Securities, remains upbeat on stocks through to Labor ...

Mortgage Interest Rates Today: Mortgage Rates Drop to Four-Month Low as Pressure Mounts on Fed

The average rate on 30-year fixed home loans registered 6.63% for the week ending Aug. 7, down from 6.72% last week.

13h

Home equity rates dip as hopes of a Fed September slash strengthen

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

13hon MSN

Fed's current monetary policy stance is 'exactly where we want to be,' official says

Kansas City Federal Reserve President Jeffrey Schmid said he favors keeping interest rates at current levels to prevent ...

14hon MSN

Fed grappling with impact of tariffs as it ponders rate decisions, Goolsbee says

(Reuters) -Chicago Federal Reserve President Austan Goolsbee said on Wednesday the U.S. central bank is grappling with ...

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