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Small-cap stocks continued their march higher on Wednesday as investors doubled down on bets that interest rate cuts are imminent.
Here’s a letter from a weary Moneyist reader in the aftermath of the latest inflation data: “I’m confused! Inflation numbers are up and the stock market is also up, supposedly because Wall Street ...
Mortgage rates reached a new 2025 low on Wednesday, despite core inflation running at 3.1% year over year, according to the ...
Federal Reserve Bank of Chicago President Austan Goolsbee said the Fed is not tied to Wall Street or political interests and ...
U.S. stocks are ticking higher after a rally spurred by hopes for lower U.S. interest rates wrapped around the world.
Gold futures posted modest gains Wednesday on heightened expectations of a Federal Reserve interest rate cut after mild July ...
Bitcoin notched a new all-time high of $123,231 on Wednesday after US CPI inflation came in at 2.7% year-on-year for July, ...
The current Federal Reserve interest rate is significantly higher than necessary and should be lowered, Treasury Secretary ...
Fed's Goolsbee said he's more worried about inflation than weak job growth. His remarks suggest he may not support a September rate cut.
Two Fed officials on Wednesday suggested the central bank can be patient in lowering rates. Markets see a rate cut in ...
Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...
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