News

Dollar eases as data keep September rate cut on track; eyes on Trump-Putin meeting

The dollar slipped on Friday as a data-heavy week wound down, keeping the case for a September Federal Reserve interest rate ...

Is the Fed ready to cut interest rates? Experts weigh in

Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...

Trump rate hopes burned as new inflation data comes in hot

The Producer Price Index (PPI) rose by 0.9 percent on the month in July, the U.S. Bureau of Labor Statistics (BLS) said on ...

Oil prices climb 2% to 1-week high as Fed rate cut, Trump-Putin talks loom

Oil prices climbed about 2% to a one-week high on Thursday after U.S. President Donald Trump warned of "severe consequences" ...

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% ...

Scott Bessent says Japan is ‘behind the curve’ on interest rates

US Treasury secretary Scott Bessent has said that Japan’s central bank is falling “behind the curve” on inflation and will ...

Scott Bessent joins Trump in pushing Fed for lower interest rates

It's the first time that Bessent has pressured the central bank for lowering the cost of borrowing, citing weak employment ...

Wedding Budget Feeling Tight? Today’s High Interest Rates Can Help You Save Hundreds More

Today’s high yields on savings could help your wedding fund grow faster. Learn how to turn the current rate environment into ...

Donut shop offers insight into upcoming interest rate decision in U.S.

Chicago Federal Reserve President Austan Goolsbee visited Mel-O-Cream Donuts in Illinois to assess the economic impact of the ...

Trump says the Fed should cut interest rates. Bessent says this is by how much.

President Donald Trump on Tuesday morning made his latest call for the Federal Reserve to lower interest rates following July ...

Trump urgently wants Jerome Powell to cut interest rates. That won't happen today, economists say.

President Trump has pressured Fed Chair Jerome Powell to lower interest rates. Here's what the experts think will happen at ...

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 for an immediate cut to interest rates following muted inflation data.