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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 ...
Stock markets broadly fell back Thursday, while U.S. stock futures were flat to marginally down, as European bourses eked out ...
I think we could go into a series of rate cuts here, starting with a 50 basis-point rate cut in September,” Bessent said in a ...
The U.S. dollar rose slightly against other major currencies on Thursday, but stayed close to multi-week lows as bets that ...
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 ...
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 ...
It's the first time that Bessent has pressured the central bank for lowering the cost of borrowing, citing weak employment ...
The average rate on 30-year fixed home loans registered 6.63% for the week ending Aug. 7, down from 6.72% last week.
San Francisco Fed President Mary Daly pushed back against the need for an interest-rate cut of a half percentage point, or 50 ...
US stocks rose amid increasing expectations that the Federal Reserve will cut interest rates at its next meeting, following ...
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