A risky mortgage instrument that helped spark the Great Financial Crisis is on the rise again. It’s a gamble on the Fed’s future direction

Before the crash of 2008, a decline in home prices was inconceivable to the market. Is the modern equivalent a Federal rate ...

Fed reduces interest rate by a quarter point, Powell says December cut not guaranteed

Interest rates should continue their downward journey, as forecasters expect another rate cut from the Fed on Oct. 29. Are ...

Federal Reserve cuts rates for second time as shutdown stalls key data

The Federal Reserve cut interest rates for the second consecutive month Wednesday as questions swirl about the true strength of the U.S. economy. The Federal Open Market Committee (FOMC), the ...

Federal Reserve cuts key interest rate in bid to boost job market

Mixed signals from a weakening job market, stubborn inflation, roaring AI investments and the government shutdown have forced ...

Federal Reserve cuts rates to lowest level in three years

The Federal Reserve was widely expected to lower interest rates by a quarter point in order to support the waning job market.
Cryptopolitan

Federal Reserve cuts interest rates by 25bps for second straight time

Wall Street, meanwhile, is almost 100% certain of what’s coming. Markets have already locked in a 25 bps cut, with 99.9% ...
Benzinga.com

Scott Bessent Says 'Fed Must Change Course' As Trump Weighs Jerome Powell Successors, Treasury Secretary Calls For 'Nonpartisan Review'

In an op-ed for The Wall Street Journal that was published on Friday, Bessent called for a "nonpartisan review" of the Fed, including its authority to set interest rates, regulatory functions and ...
Daily Journal

Bessent says Federal Reserve 'must change course'

(The Center Square) – Treasury Secretary Scott Bessent said the Federal Reserve "must change course" on monetary policy in his most public comments on the central bank since the start of President ...