The likelihood of a Federal Reserve rate cut in September is now seen near 100% after new data showed U.S. inflation increased at a moderate pace in July and Treasury Secretary Scott Bessent said he ...

The inflation report led to a 3-bps drop in the 10-year Treasury yield to 4.255% and a 1-bp drop in the 2-year Treasury yield ...

With inflation easing and the labor market cooling, the risks of keeping policy too tight are mounting. The CME Group now ...

US stocks rose amid increasing expectations that the Federal Reserve will cut interest rates at its next meeting, following ...

I think we could go into a series of rate cuts here, starting with a 50 basis-point rate cut in September,” the US Treasury ...

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 ...

Right now we're looking at 2-3 rate cuts for the remainder of 2025; this roughly would equate a 3.50-3.75% Fed funds rate by the end of the year.

The dollar index, measuring the currency against a basket of peers, fell 0.2 per cent to 97.81, its lowest since July 28, ...

U.S. stocks are drifting around their record levels after a rally spurred by hopes for lower U.S. interest rates wrapped ...

President Trump's looming changes to the Federal Reserve are "going to change the narrative," Treasury Secretary Scott Bessent weighs in on the appointment process.