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Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...
Global stocks edged lower on Thursday, with equities on Wall Street ending flat, while U.S. Treasury yields rose after market ...
Treasury Secretary Scott Bessent clarifies he's not directing the Fed after suggesting neutral interest rates should be 150 ...
Fed cuts would immediately make borrowing cheaper on credit cards and auto loans, since those products are based on the short ...
The current Federal Reserve interest rate is significantly higher than necessary and should be lowered, Treasury Secretary ...
U.S. Treasury Secretary Scott Bessent clarified Thursday he is not calling for interest-rate cuts by the Federal Reserve, ...
Chicago Federal Reserve President Austan Goolsbee thought about that Wednesday as he toured Mel-O-Cream Donuts in Springfield ...
NEW YORK (Reuters) -The dollar slipped for a second straight session on Wednesday, a day after a U.S. inflation reading ...
Treasury Secretary Scott Bessent said interest rates should be substantially lower than they are now, and he believes there ...
A jump in wholesale prices is likely to bolster concerns among Federal Reserve policymakers that rising inflation remains a ...
Federal Reserve Bank of St. Louis President Alberto Musalem said it’s too early for him to decide on whether to lower ...
Oil prices climbed about 2% to a one-week high on Thursday after U.S. President Donald Trump warned of "severe consequences" ...