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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,
San Francisco Fed President Mary Daly has pushed back against the need for an interest rate cut of 50 basis points at the ...
The current Federal Reserve interest rate is significantly higher than necessary and should be lowered, Treasury Secretary ...
Fed's Goolsbee said he's more worried about inflation than weak job growth. His remarks suggest he may not support a ...
The U.S. dollar rose slightly against other major currencies on Thursday, but stayed close to multi-week lows as bets that ...
It's the first time that Bessent has pressured the central bank for lowering the cost of borrowing, citing weak employment ...
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 ...
The U.S. dollar languished at multi-week lows against major peers on Thursday as traders ramped up bets for the Federal ...
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 ...
This uncertainty introduces interest rate risk, especially for HELOCs with variable rates, meaning borrowing costs could ...
The average rate on 30-year fixed home loans registered 6.63% for the week ending Aug. 7, down from 6.72% last week.
US stocks rose amid increasing expectations that the Federal Reserve will cut interest rates at its next meeting, following ...
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