The U.S. stock market is rallying toward records after data suggested inflation across the country was a touch better last month than economists expected.

Fed-funds futures traders were pricing in a 51% likelihood on Tuesday that the central bank will cut rates in three quarter-point increments by December, up from 45% a day ago, according to the CME FedWatch Tool.

Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts think rates are headed.

Brazil's inflation undershot market expectations in July, data from statistics agency IBGE showed on Tuesday, with a monthly drop in food prices providing some relief even as the annual rate remained well above the central bank's target.

The July inflation report keeps an interest-rate cut firmly on the table after the Federal Reserve’s meeting next month. The lack o

While the 2-year Treasury yield was down a fraction to 3.75%, 10-year Treasury yields climbed 4.3 basis points to 4.316% and the 30-year Treasury bond yield jumped 6.0 basis points to 4.901. One basis point is equal to 0.