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Bessent Says Interest Rates Should Fall by at Least 1.5 Percentage Points Over Time

Treasury Secretary Scott Bessent said interest rates should be substantially lower than they are now, and he believes there ...

Have a CD account maturing right before interest rates are cut? Do this now.

Is the timing between your CD account maturity date and a rate cut set to collide? Consider taking these steps now.

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 ...

There's one thing that could throw cold water on rate cuts, says one of the contenders for Fed chief

The 10-year Treasury yield will be a key factor determining how aggressively the Fed can cut rates, Marc Sumerlin, a contender for Fed Chair, said.

Get the Facts: How the Fed's interest rates impact your money

The Fed is hesitant to change interest rates largely due to one factor uncertainty over President Donald Trump's tariffs. The ...

Chicago Fed President Goolsbee thinks central bank should wait a few months before cutting interest rates

Chicago Federal Reserve President Austan Goolsbee thought about that Wednesday as he toured Mel-O-Cream Donuts in Springfield ...

The Case for Interest-Rate Cuts Is Weak. But Trump Is Still Likely to Get Them.

Growth, inflation and jobs data don’t signal rates cuts. Yet the odds of a quarter-point September cut are at just under 100% ...
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Scott Bessent Says Interest Rates Should Be 150-175 Basis Points Lower: Report

Treasury Secretary Scott Bessent reportedly said on Wednesday that the Federal Reserve’s benchmark borrowing rates should be ...