News

Jobs report shocker resets Fed interest rate cut bets
Since unemployment was higher than expected and is potentially nearing a cycle high, the CME FedWatch tool reported that bets ...
Fed leaves short-term rates the same but it doesn't mean all rates aren't budging
The Federal Reserve keeps short-term rates the same in July, holding rates as is for the fifth meeting in a row. What's next ...
Fed Keeps Rates Steady Despite Internal Divisions and Political Pressure
The central bank kept interest rates steady for a fifth straight meeting, despite badgering from President Trump. It has ...
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 ...
Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates
Her resignation now paves the way for Trump to put his own nominee in for the Board of Governors. Two of his prior ...
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?
The two Fed dissenters say worries about labor market led them to push for lower rates
The two Federal Reserve governors who dissented from the central bank’s decision to hold interest rates steady this week said ...
Treasury Yields Rise in July as Fed Cut Seen Elusive
Treasury yields rose for the month as markets grew more concerned about the impact of tariffs and the Fed looked increasingly unlikely to cut interest rates soon.