News

A Federal Reserve interest rate cut in September, the first this year, followed perhaps by another before year-end remains ...
Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...
The Fed Chair Powell is expected to stay hawkish at the Jackson Hole Symposium and fail to signal an interest rate cut in ...
Next week's set-piece event is the Jackson Hole central-bank gathering in Wyoming, slated for Thursday through Saturday.
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.
Powell put a cat among the pigeons by suggesting he was minded to "look through" tariff-induced inflation by not increasing ...
The central bank’s policy-setting Federal Open Market Committee maintained the benchmark rate between 4.25% and 4.5%, where ...
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 ...