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Treasury Secretary Bessent wants the Fed to lower its lending rate

The current Federal Reserve interest rate is significantly higher than necessary and should be lowered, Treasury Secretary ...

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 ...

Trump Demands Emergency Fed Rate Cut and Threatens ‘Major Lawsuit’ Against Chair Powell

President Donald Trump has threatened a "major lawsuit" against Federal Reserve Chair Jerome Powell, while once again calling ...

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 ...

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

US stock futures wavered amid increasing expectations that the Federal Reserve will cut interest rates at its next meeting, ...

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 ...

Fed grappling with impact of tariffs as it ponders rate decisions, Goolsbee says

(Reuters) -Chicago Federal Reserve President Austan Goolsbee said on Wednesday the U.S. central bank is grappling with ...

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 ...