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

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

NEW YORK (Reuters) -The dollar slipped for a second straight session on Wednesday, a day after a U.S. inflation reading ...

Federal Reserve Bank of St. Louis President Alberto Musalem said it’s too early for him to decide on whether to lower ...

San Francisco Fed President Mary Daly pushed back against the need for an interest-rate cut of a half percentage point, or 50 ...

Treasury Secretary Scott Bessent clarifies he's not directing the Fed after suggesting neutral interest rates should be 150 ...

Treasury Secretary Scott Bessent said interest rates should be substantially lower than they are now, and he believes there ...

Global stocks edged lower on Thursday, with equities on Wall Street ending flat, while U.S. Treasury yields rose after market ...

Growth, inflation and jobs data don’t signal rates cuts. Yet the odds of a quarter-point September cut are at just under 100% ...

Yields on the debt are the biggest determinant of how much it costs to buy a home, fund a business, or pay the interest on ...

Chicago Federal Reserve President Austan Goolsbee visited Mel-O-Cream Donuts in Illinois to assess the economic impact of the ...

Fed cuts would immediately make borrowing cheaper on credit cards and auto loans, since those products are based on the short ...