Treasury Secretary Scott Bessent warns that parts of the economy are already in recession and more could follow without interest rate cuts. The Fed's recent decisions and the looming government shutdown add to the uncertainty.
In a surprising turn, mortgage rates have climbed 20 basis points following the Federal Reserve's recent interest rate cut. Discover why the bond market reacted negatively and what this means for homebuyers and refinancers.
In a surprising move, the Federal Reserve has cut its key interest rate for the second time this year, aiming to boost economic growth and hiring amid ongoing inflation concerns. Fed Chair Jerome Powell warns that future cuts aren't guaranteed as the government shutdown complicates economic reporting.
The Federal Reserve has approved its second consecutive interest rate cut, but Chair Jerome Powell's uncertain comments about future reductions have rattled markets. With inflation still above target, what does this mean for consumers and the economy?
As the Federal Reserve prepares to announce a quarter-point interest rate cut, investors are left wondering about the future of the economy. With inflation rising and job growth slowing, Fed Chair Jerome Powell faces tough decisions ahead.
Stock futures climbed as investors anticipate a significant interest rate cut from the Fed and await key earnings reports from major tech companies. With inflation cooling, the market could see a bullish trend.
This week, investors brace for a Federal Reserve interest rate cut amid ongoing government shutdown effects, while major tech firms unveil earnings that could shift market dynamics. Stay informed!
As inflation cools, expectations rise for Federal Reserve rate cuts that could stimulate economic growth. Experts weigh in on how this could impact your wallet and investments.
The Federal Reserve is leaning towards further interest rate cuts amid rising unemployment concerns, but divisions remain among officials about inflation risks. Discover the implications for borrowers and the economy.
Stock futures are steady as investors await crucial inflation data that could influence interest rate cuts. Major tech stocks are seeing pullbacks, raising concerns about valuations. Will the Fed's next move shake up the market?
