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Treasury Secretary Scott Bessent said interest rates are too high by 150 to 175 basis points in an interview with Bloomberg ...
Treasury Secretary Scott Bessent on Wednesday urged central bankers to issue a half-point cut at next month’s meeting – breaking from his zipped-lip stance on the Fed’s monetary agenda. Bessent said ...
The average rate on 30-year fixed home loans registered 6.63% for the week ending Aug. 7, down from 6.72% last week.
Scott Rubner, a former Goldman Sachs tactical strategist now at Citadel Securities, remains upbeat on stocks through to Labor ...
Gold fluctuated as traders weighed the US Federal Reserve’s interest rate path after a modest rise in the cost of US goods ...
The concentration makes the entire market vulnerable to shifts in interest rates. As yields go higher, money could move out ...
The dollar fell for a second straight session on Wednesday, a day after a U.S. inflation reading increased expectations of a ...
President Donald Trump threatened to allow a "major lawsuit" against Federal Reserve Chairman Jerome Powell to go forward.