News

Fed's Goolsbee is concerned about inflation, not jobs, hinting at high bar for rate cut

Fed's Goolsbee said he's more worried about inflation than weak job growth. His remarks suggest he may not support a ...

Stock market today: Dow pops, S&P 500 and Nasdaq waver as Fed rate cut bets surge

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

Home equity rates dip as hopes of a Fed September slash strengthen

This uncertainty introduces interest rate risk, especially for HELOCs with variable rates, meaning borrowing costs could ...

Bessent calls for steep interest rate cuts

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 ...

Stock Market Today: S&P 500 Hits Another Closing High on Hopes for Fed Rate Cut

President Trump's tariffs continue to affect global markets and the economy. Follow for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...

Chicago Fed's Goolsbee, Atlanta Fed's Bostic see case for patience before cutting interest rates

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

Stock market today: Dow, S&P 500, Nasdaq rise as Fed rate cut bets surge after inflation data

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

Fed's current monetary policy stance is 'exactly where we want to be,' official says

Kansas City Federal Reserve President Jeffrey Schmid said he favors keeping interest rates at current levels to prevent ...