News

Possible Trump pick for Fed has a plan to cut interest rates, with a catch
Kevin Warsh, the former Fed governor considered the most likely replacement for Jerome Powell to lead the Fed, on Monday ...
Chances of Fed Interest Rate Cut Plunge After Strong Jobs Report
The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.
Goldman Sachs revamps Fed interest rate cut forecast for 2025
The pivot from rate hikes in 2022 and 2023 to rate cuts was widely forecast, and a big reason behind the S&P 500's epic 24% ...
Fed Chair Powell says he won't rule out interest rate cut this month
Federal Reserve Chair Jerome Powell said on Tuesday he would not rule out a potential interest rate cut as soon as this month ...
Why the case for a Fed interest-rate cut in July may be getting stronger
Weaker labor-market data this week could bolster the case for the Federal Reserve to resume interest-rate cuts soon. “My view ...
Trump tariffs have delayed interest rate cuts, Federal Reserve Chair Jerome Powell says
Federal Reserve Chief Jerome Powell said it is premature to lower interest rates, citing the potential impact of tariffs.
Fed Chair Powell confirms tariff concerns prevented interest rate cuts so far this year
Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced ...
US Treasury chief says he thinks Fed could lower interest rates by September
U.S. Treasury Secretary Scott Bessent said on Tuesday he believes the Federal Reserve could lower interest rates by September ...
In the Fed's hunt for a reason to cut rates, surveys and tariffs make answers elusive
Recent national and global surveys of business executives have highlighted the U.S. Federal Reserve's dilemma in determining ...
Powell warns ending Fed interest on reserves would be 'volatile' and costly
Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...
Fed Chair Jerome Powell holds firm on interest rates, resisting pressure to cut
Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices.
U.S. Treasury Yields to Stay Elevated in Absence of Fed Rate Cut
Treasury yield edged lower. The Fed’s reluctance to cut interest rates could cause Treasury yields to remain elevated, BNP Paribas Asset Management said.