News

Fed's policy rate should stay on hold for now, Schmid says

The U.S. central bank should not take tariffs' muted effect on inflation so far as an opportunity to cut interest rates, but ...

Small caps and other rate-sensitive stocks jump after CPI drives expectations for Fed to lower rates

Small-cap stocks and other rate-sensitive equities were surging on Tuesday after July's consumer-price index reading gave ...

Trump blasts ‘Too Late’ Powell again, threatens lawsuit over Fed’s $3B HQ renovations

Trump on Tuesday ramped up his pressure on Jerome Powell to cut interest rates, threatening to allow a lawsuit over the central bank’s $3.1 billion renovation project to move forward.

Stocks rally, oil prices drop after modest US inflation data solidifies Fed rate cut expectations

World shares rallied on Tuesday as U.S. consumer prices data failed to shake market expectations of an impending Federal ...

Mortgage Interest Rates Today: Mortgage Rates Drop to Four-Month Low as Pressure Mounts on Fed

The average rate on 30-year fixed home loans registered 6.63% for the week ending Aug. 7, down from 6.72% last week.

Fed governor maintains outlook for three interest cuts in 2025

Fed Governor Michelle Bowman spoke this weekend and maintained her projection of three interest rate cuts in 2025 despite the ...

Cash held by US companies halved since 2021 amid high interest rates, data shows

By Ateev Bhandari (Reuters) -Cash allocations by U.S. corporations have halved since 2021 as elevated interest rates prompt a ...

Wall Street climbs toward records on expectations for a coming cut to interest rates

The S&P 500 rose 0.6% and was on track to top its all-time high set two weeks ago. The Dow Jones Industrial Average was up ...