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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%, ...
Federal Reserve Bank of St. Louis President Alberto Musalem said it’s too early for him to decide on whether to lower ...
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 ...
The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump made an unusual visit to ...
It's the first time that Bessent has pressured the central bank for lowering the cost of borrowing, citing weak employment ...
Growth, inflation and jobs data don’t signal rates cuts. Yet the odds of a quarter-point September cut are at just under 100% ...
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 ...
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