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Odds of a Rate Cut Hit 99.9% as September Decision Nears

Markets see a near-certain Fed rate cut in September, but internal divisions and inflation concerns could shape the size and ...

Markets have convinced themselves they’ll get a September interest rate cut. Now they’re eyeing a double reduction

Treasury Secretary Scott Bessent is pushing for 50 bps to offset missed opportunities earlier this summer, but some analysts ...

Dollar extends weakness as anticipation mounts of Fed interest rate cut

The dollar fell for a second straight session on Wednesday, a day after a U.S. inflation reading increased expectations of a ...

Bessent says interest rates should be 150 to 175 basis points lower

Treasury Secretary Scott Bessent said interest rates are too high by 150 to 175 basis points in an interview with Bloomberg ...

Mortgage Interest Rates Today: Mortgage Rates Drop to Four-Month Low as Pressure Mounts on Fed

The average rate on 30-year fixed home loans registered 6.63% for the week ending Aug. 7, down from 6.72% last week.

Capital One to pay $425M in savings account interest rate settlement

The lawsuit alleges the bank deceptively marketed the older account as “high interest” and “one of the nation’s best,” while ...

Australia’s central bank cuts interest rate for third time this year to 3.6%

Australia’s central bank has reduced its benchmark interest rate by a quarter percentage point for a third time this year to ...

Hopes Are High For An Interest Rate Cut Next Month—Here’s What To Know

There is heightened optimism the Federal Reserve will cut interest rates next month, with hopes boosted by a ...