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Pessimism creeps into stocks over whether Fed's rate cut will be too late
U.S. stocks turned mixed in Wednesday afternoon trading, and one reason may have to do with concerns over the timeline of expected interest-rate cuts from the Federal Reserve. Fed-funds futures traders currently expect rate cutting to begin by October,
The U.S. dollar languished at multi-week lows versus major peers on Thursday as traders ramped up bets for the Federal ...
Fed's Goolsbee said he's more worried about inflation than weak job growth. His remarks suggest he may not support a ...
Treasury Secretary Scott Bessent said Wednesday that short-term interest rates should be between 1.5 percentage points and 1.75 percentage points lower than their current level, keeping up the ...
This uncertainty introduces interest rate risk, especially for HELOCs with variable rates, meaning borrowing costs could ...
Scott Rubner, a former Goldman Sachs tactical strategist now at Citadel Securities, remains upbeat on stocks through to Labor ...
Treasury Secretary Scott Bessent on Wednesday urged central bankers to issue a half-point cut at next month’s meeting – breaking from his zipped-lip stance on the Fed’s monetary agenda. Bessent said ...
The average rate on 30-year fixed home loans registered 6.63% for the week ending Aug. 7, down from 6.72% last week.
Markets see a near-certain Fed rate cut in September, but internal divisions and inflation concerns could shape the size and ...
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