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Pessimism creeps into stocks over whether Fed's rate cut will be too late
U.S. stocks turned mixed in Wednesday afternoon trading, and one reason may have to do with concerns over the timeline of expected interest-rate cuts from the Federal Reserve. Fed-funds futures traders currently expect rate cutting to begin by October,
Treasury Secretary Scott Bessent is pushing for 50bps to offset missed opportunities earlier this summer, but some analysts ...
The dollar fell for a second straight session on Wednesday, a day after a U.S. inflation reading increased expectations of a ...
US stock futures wavered amid increasing expectations that the Federal Reserve will cut interest rates at its next meeting, ...
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 ...
An index of global equity markets reached a new record for the second straight day on Wednesday, propelled partly by bullish ...
Fed Governor Michelle Bowman spoke this weekend and maintained her projection of three interest rate cuts in 2025 despite the ...
Will today’s inflation report push the Federal Reserve to cut interest rates this fall? The report shows “inflation is under ...
Treasury Secretary Scott Bessent said interest rates are too high by 150 to 175 basis points in an interview with Bloomberg ...
Treasury Secretary Scott Bessent on Wednesday urged central bankers to issue a half-point cut at next month’s meeting – breaking from his zipped-lip stance on the Fed’s monetary agenda. Bessent said ...
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