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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.
San Francisco Federal Reserve President Mary Daly has pushed back against the need for an interest rate cut of 50 basis ...
The current Federal Reserve interest rate is significantly higher than necessary and should be lowered, Treasury Secretary ...
It's the first time that Bessent has pressured the central bank for lowering the cost of borrowing, citing weak employment ...
The average rate on 30-year fixed home loans registered 6.63% for the week ending Aug. 7, down from 6.72% last week.
San Francisco Fed President Mary Daly has pushed back against the need for an interest rate cut of 50 basis points at the ...
San Francisco Fed President Mary Daly pushed back against the need for an interest-rate cut of a half percentage point, or 50 ...
Kansas City Federal Reserve President Jeffrey Schmid said he favors keeping interest rates at current levels to prevent ...
(Reuters) -Chicago Federal Reserve President Austan Goolsbee said on Wednesday the U.S. central bank is grappling with ...
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