News

Treasury Secretary Bessent wants the Fed to lower its lending rate

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

Fed Rate Cut Grows More Likely as Inflation Holds Steady at 2.7%

Inflation held steady in July and ran slightly cooler than expected, increasing the odds of a Federal Reserve rate cut next ...

The Fed is expected to cut rates. Don't expect mortgage rates to follow.

New economic data releases could increase mortgage rate volatility in the coming weeks, leading up to the Fed's September ...

The Fed Might Cut Rates in 5 Weeks—Get 5% on Your Cash Before It's Too Late

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

Fed's Daly: Two rate cuts, more or less, appropriate this year

San Francisco Federal Reserve Bank President Mary Daly, in an interview following economic reports showing ...

Powell has used Jackson Hole to battle inflation and buoy jobs; he's now caught between both

WASHINGTON (Reuters) -Fed Chair Jerome Powell used the central bank's annual Wyoming research conference to promise inflation ...

US Fed to cut rates in September and once more this year, say most economists: Reuters poll

A Federal Reserve interest rate cut in September, the first this year, followed perhaps by another before year-end remains ...

3 reasons the Fed hasn't cut rates yet this year

Wall Street has priced in a 94.2% probability of the Federal Reserve cutting interest rates in September. JPMorgan Asset ...

Fed rate cuts might not stimulate the economy very much: DataTrek

President Trump and Treasury Secretary Scott Bessent have been pushing for aggressive Federal Reserve interest-rate cuts. But ...

Fed should cut rates but they're weighing inflation more than employment, says Apollo's Torsten Slok

CNBC's Steve Liesman and Torsten Slok, Apollo partner and chief economist, join 'Closing Bell' to discuss the Federal Reserve ...

Get the Facts: How the Fed's interest rates impact your money

The Fed is hesitant to change interest rates largely due to one factor uncertainty over President Donald Trump's tariffs. The ...

Federal Reserve's Cuts May Not Lower Mortgage Rates, Analysts Warn

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