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Fed's Daly says big rate cut in September not needed in rebuff to Bessent
Short-term U.S. government bonds are underperforming longer-duration Treasurys after San Francisco Fed President Mary Daly pushed back against the need for an interest-rate cut of 50 basis points at the Federal Reserve's September meeting.
Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...
Federal Reserve Bank of St. Louis President Alberto Musalem said it’s too early for him to decide on whether to lower ...
A Federal Reserve interest rate cut in September, the first this year, followed perhaps by another before year-end remains ...
San Francisco Fed President Mary Daly pushed back against the need for an interest-rate cut of a half percentage point, or 50 ...
President Trump blasted Federal Reserve Chair Jerome Powell over the multibillion-dollar renovation of the central bank's ...
President Trump and Treasury Secretary Scott Bessent have been pushing for aggressive Federal Reserve interest-rate cuts. But ...
Treasury Secretary Scott Bessent said interest rates should be substantially lower than they are now, and he believes there ...
Growth, inflation and jobs data don’t signal rates cuts. Yet the odds of a quarter-point September cut are at just under 100% ...
The Fed is hesitant to change interest rates largely due to one factor uncertainty over President Donald Trump's tariffs. The ...
Fed cuts would immediately make borrowing cheaper on credit cards and auto loans, since those products are based on the short ...
Chicago Federal Reserve President Austan Goolsbee visited Mel-O-Cream Donuts in Illinois to assess the economic impact of the ...
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