News

The Trump-Powell feud keeps heating up. Meet the betting markets' top picks to replace the Fed chief.
Four potential Powell replacements have been shortlisted by the betting market. Here's who's in the running to be the next ...
Fed’s Waller says labor market is weaker than it looks, justifying interest-rate cut this month
Federal Reserve Governor Christopher Waller on Thursday laid out the argument he is going to make in two weeks to his central ...
Traders stick to bets on September Fed rate cut after inflation report
The Federal Reserve will likely be able to start cutting short-term borrowing costs by September, traders continued to bet on ...
The Fed Should Cut Rates in July, Waller Says
A Federal Reserve governor seen as a candidate to succeed Chair Jerome Powell laid out his strongest case yet for a rate cut ...
Chances of Fed Interest Rate Cut Plunge After Strong Jobs Report
The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.
2 Reasons Not to Wait for a Fed Rate Cut Before Locking Your Mortgage Rate
Yes, the Federal Reserve could cut interest rates later this year. Or, maybe it won't. In any case, a Fed reduction offers no guarantee that mortgage rates will go down.