News

Fed Rate Cut Grows More Likely as Inflation Holds Steady at 2.7%

Inflation held steady in July and ran slightly cooler than expected, increasing the odds of a Federal Reserve rate cut next ...

Treasury Secretary Scott Bessent pushes back on claims he’s pressuring the Fed to slash rates

Treasury Secretary Scott Bessent clarifies he's not directing the Fed after suggesting neutral interest rates should be 150 ...

Morgan Stanley Preferred Stock To Benefit From Fed Funds Rate Reduction

Morgan Stanley 4.250% Depositary Shares Non-Cumulative Preferred Stock, Series O offers a compelling risk-reward profile in ...

Dow scales record high on hopes of Fed rate cuts, trade deals

The Dow Jones Industrial Average hit an all-time intraday high on Friday, making it the last of the three major U.S. indexes ...

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 ...

Market Voices: Goolsbee on Fed rates, Buffet-UnitedHealth, Corning-T1

Chicago Federal Reserve President Austan Goolsbee said he wants to see more inflation data before he decides whether to vote ...

Fed Chair Powell to speak Aug 22 amid speculation on rate cuts, replacement

Federal Reserve Chair Jerome Powell will give a speech on the economic outlook and the Fed's review of its policy framework ...