News

Weak Jobs Report Raises Chances of a September Interest Rate Cut

The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market ...

Weakening US jobs market hits center of Fed rate policy debate

Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...

Treasuries Typically Rally Before a Long-Awaited Fed Rate Cut. Trading on That Is Still a Gamble.

Treasury yield declines can signal whether the Fed will cut interest rates. But where they land after a cut is another story.

Is credit card debt forgiveness still worth it with interest rates paused?

Fed rates stayed put in July, but does that change the route you should take to deal with your credit card debt?

Fed's reticence on rate cuts forces market to rethink outlook

The Federal Reserve's decision to avoid signaling imminent rate cuts despite relentless political pressure underscores its ...

Trump promises lower interest rates. But he doesn't have that power

Former President Donald Trump promised to lower interest rates if reelected. But the Fed, which sets the key rate, operates ...

The Fed’s September Rates Decision Just Got More Complicated

Before Friday, traders saw only a 38% chance of a rate cut at the Fed’s September meeting. After the numbers dropped, odds ...