US Treasury secretary takes aim at Fed's interest rate control system

U.S. Treasury Secretary Scott Bessent said on Tuesday the Federal Reserve's system of managing interest rates is struggling ...
Marketplace

Why do investors literally place bets on whether the Fed will raise interest rates?

For some investors, they bet on a vehicle known as "Federal Funds futures" to hedge. For others, it's just that — a bet.

Big Changes Coming to the Fed—And Interest Rates—Next Year If This Frontrunner Gets Powell’s Job

The reported frontrunner to take over as Federal Reserve chair in May has a recent track record of advocating for the central bank lowering interest rates.
KCCI Des Moines

Federal Reserve cuts interest rates amid labor market concerns

The Federal Reserve announced a quarter-percent cut in interest rates today, causing a surge in the stock market, as the Central Bank's chairman cited concerns about the labor market.Federal ...

World stocks climb after Wall Street rallies on hopes for lower interest rates

Shares in Europe and Asia advanced on Wednesday after benchmarks on Wall Street surged on hopes the Federal Reserve will soon ...

Wholesale inflation was fairly tame before government shutdown, but PPI might not sway Fed rate-cut vote

The last piece of inflation data the Federal Reserve will see before its pivotal December meeting to debate another ...