News

Bessent says he’s not pushing Fed cuts, just touting models

U.S. Treasury Secretary Scott Bessent said he isn’t calling for a series of interest-rate cuts from the Federal Reserve, just ...

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 ...

Fed's Daly: Two rate cuts, more or less, appropriate this year

San Francisco Federal Reserve Bank President Mary Daly, in an interview following economic reports showing ...

Fed Portfolio Shift Could Hand Treasury $2 Trillion, BofA Says

A possible shift in the composition of the Federal Reserve’s portfolio of Treasury holdings could result in the central bank ...

Fed should cut rates but they're weighing inflation more than employment, says Apollo's Torsten Slok

CNBC's Steve Liesman and Torsten Slok, Apollo partner and chief economist, join 'Closing Bell' to discuss the Federal Reserve ...

Mother Says She Donated Daughter's Pony to Zoo to be Fed to Lions

A mother recently took up a zoo's request to donate pets to feed predators in the facility. In a recent interview with The ...

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%, ...

Fed Faces High Bar for Big Cuts Despite White House Pressure

The Federal Reserve is poised to lower interest rates in September. But signs of stickier inflation could limit how much ...

US Fed to cut rates in September and once more this year, say most economists: Reuters poll

A Federal Reserve interest rate cut in September, the first this year, followed perhaps by another before year-end remains ...

The Fed Might Cut Rates in 5 Weeks—Get 5% on Your Cash Before It's Too Late

With the Fed expected to change course soon, now’s the time to put your cash in a top-paying account and capture strong ...

Chicago Fed president wants to see a 'few months of data' on inflation to gauge economy's health

"The hardest thing that the Fed ever has to do is get the timing right at moments of transition,” Goolsbee said on NBC News’ ...

Why a jumbo Fed rate cut in September would ‘come across as panicky’

Treasury Secretary Scott Bessent says the Federal Reserve should drastically slash rates. Wall Street isn’t so sure.