Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...

The dollar slipped for a second straight session on Wednesday, a day after a U.S. inflation reading increased expectations of ...

It's the first time that Bessent has pressured the central bank for lowering the cost of borrowing, citing weak employment ...

Capital Guard outlines five investment principles to help Australians focus on capital protection, steady income and informed ...

Gold futures posted modest gains Wednesday on heightened expectations of a Federal Reserve interest rate cut after mild July ...

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 is pushing for 50 bps to offset missed opportunities earlier this summer, but some analysts ...

Shares charged higher Wednesday in Europe and Asia after U.S. stocks hit new records when data showed inflation across the ...

Treasury Secretary Scott Bessent said Wednesday that short term interest rates should be 1.5 to 1.75 percentage points lower than their current level, keeping up the administration’s pressure ...

Two Fed officials on Wednesday suggested the central bank can be patient in lowering rates. Markets see a rate cut in ...

The lawsuit alleges the bank deceptively marketed the older account as “high interest” and “one of the nation’s best,” while ...

Tom Barkin, president of Federal Reserve Bank of Richmond, told a Greenville Chamber group the next rate-cut decision is ...