Treasury Secretary Scott Bessent said during an interview on Tuesday that he'll probably meet with the 11 candidates for the next Federal Reserve chair "right before, right after Labor Day, to start bringing down the list to present to President Trump.

Markets (^GSPC, ^IXIC, ^DJI) are on edge, waiting to hear what Fed Chair Jerome Powell will say at his Jackson Hole speech on Friday.  Yahoo Finance Reporter Josh Schafer breaks down new research from Bank of America and UBS on what rate cuts could mean for small caps.

CPI number comes out the tame, I think 2.7. It’s the sort of number that the Fed will look at and sort of, they’re damned if they do, damned if they don’t. it’s still higher than their target at 2%, but it’s,

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Peter Boockvar of One Point BFG Wealth Partners discusses why a dovish pivot by Fed chair Jerome Powell won't do anything to help the housing market.

Josh Schiffrin said his preferred asset is five-year Treasury bills, adding he expects an interest rate cut of 25 basis points by the Fed next month.

Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, according to the CME FedWatch Tool, a measure of market sentiment.

With the Fed expected to change course soon, now’s the time to put your cash in a top-paying account and capture strong returns before they start to slip.

NEW YORK (Reuters) -As U.S. debt swells and the White House leans on the Federal Reserve to cut interest rates, investors are weighing the risk of "fiscal dominance," a scenario where keeping government financing cheap eclipses the fight against inflation.