Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...

The current Federal Reserve interest rate is significantly higher than necessary and should be lowered, Treasury Secretary ...

The dollar slipped for a second straight session on Wednesday, a day after a U.S. inflation reading increased expectations of ...

Fed Governor Michelle Bowman spoke this weekend and maintained her projection of three interest rate cuts in 2025 despite the ...

Treasury Secretary Bessent’s bold outlook is fueled by a surprise July inflation report and revised jobs data.

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

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 ...

U.S. rate futures priced in late Wednesday a 93% chance of a 25-bps easing next month and as much as a 7% probability of a 50 ...

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

Economists at Nomura Holdings Inc now forecast the US Federal Reserve (Fed) will begin cutting interest rates in September as ...

U.S. stocks turned mixed in Wednesday afternoon trading, and one reason may have to do with concerns over the timeline of ...

Will today’s inflation report push the Federal Reserve to cut interest rates this fall? The report shows “inflation is under ...