News

Gold futures edge higher on U.S. interest rate cut optimism as Bessent weighs in

Gold futures posted modest gains on heightened expectations of a Federal Reserve interest rate cut after mild July inflation ...

World equities hit record highs, US yields fall on optimism for Fed rate cut

An index of global equity markets rose to a record high for the second straight session on Wednesday, partly underpinned by ...

Stock market today: Dow, S&P 500, Nasdaq rise as Fed rate cut bets surge after inflation data

US stocks rose amid increasing expectations that the Federal Reserve will cut interest rates at its next meeting, following ...

Fed's Goolsbee is concerned about inflation, not jobs, hinting at high bar for rate cut

Fed's Goolsbee said he's more worried about inflation than weak job growth. His remarks suggest he may not support a September rate cut.

Home equity rates dip as hopes of a Fed September slash strengthen

This uncertainty introduces interest rate risk, especially for HELOCs with variable rates, meaning borrowing costs could ...

As the Fed cuts rates, flows from money market funds will broaden the rally: Citadel strategist

Scott Rubner, a former Goldman Sachs tactical strategist now at Citadel Securities, remains upbeat on stocks through to Labor ...

Fed's current monetary policy stance is 'exactly where we want to be,' official says

Kansas City Federal Reserve President Jeffrey Schmid said he favors keeping interest rates at current levels to prevent ...

Chicago Fed's Goolsbee, Atlanta Fed's Bostic see case for patience before cutting interest rates

Two Fed officials on Wednesday suggested the central bank can be patient in lowering rates. Markets see a rate cut in ...