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Pessimism creeps into stocks over whether Fed's rate cut will be too late
U.S. stocks turned mixed in Wednesday afternoon trading, and one reason may have to do with concerns over the timeline of expected interest-rate cuts from the Federal Reserve. Fed-funds futures traders currently expect rate cutting to begin by October,
Investors Can’t Wait for the Fed’s Imminent Rate Cut
Scott Helfstein, head of investment strategy at Global X, added that there’s “little evidence” tariffs are causing a meaningful rise in inflation at this point, noting that shelter and energy services like electricity and piped gas remain primary drivers.
The U.S. dollar languished at multi-week lows versus major peers on Thursday as traders ramped up bets for the Federal ...
The current Federal Reserve interest rate is significantly higher than necessary and should be lowered, Treasury Secretary ...
Treasury Secretary Scott Bessent said Wednesday that short-term interest rates should be between 1.5 percentage points and 1.75 percentage points lower than their current level, keeping up the ...
This uncertainty introduces interest rate risk, especially for HELOCs with variable rates, meaning borrowing costs could ...
Treasury Secretary Scott Bessent on Wednesday urged central bankers to issue a half-point cut at next month’s meeting – breaking from his zipped-lip stance on the Fed’s monetary agenda. Bessent said ...
Scott Rubner, a former Goldman Sachs tactical strategist now at Citadel Securities, remains upbeat on stocks through to Labor ...
The average rate on 30-year fixed home loans registered 6.63% for the week ending Aug. 7, down from 6.72% last week.
The dollar languished near multi-week lows against the euro and sterling on Thursday as traders ramped up bets for the ...
Fed's Goolsbee said he's more worried about inflation than weak job growth. His remarks suggest he may not support a ...
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