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Fed's Daly says big rate cut in September not needed in rebuff to Bessent
Short-term U.S. government bonds are underperforming longer-duration Treasurys after San Francisco Fed President Mary Daly pushed back against the need for an interest-rate cut of 50 basis points at the Federal Reserve's September meeting.
Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...
Treasuries moved lower after a reading of inflation at the production level came in stronger than expected, prompting traders ...
San Francisco Fed President Mary Daly has pushed back against the need for an interest rate cut of 50 basis points at the ...
The Federal Reserve is poised to lower interest rates in September. But signs of stickier inflation could limit how much ...
Treasury Secretary Scott Bessent said interest rates should be substantially lower than they are now, and he believes there ...
The U.S. dollar rose slightly against other major currencies on Thursday, but stayed close to multi-week lows as bets that ...
Growth, inflation and jobs data don’t signal rates cuts. Yet the odds of a quarter-point September cut are at just under 100% ...
President Trump and Treasury Secretary Scott Bessent have been pushing for aggressive Federal Reserve interest-rate cuts. But ...
Fed's Goolsbee said he's more worried about inflation than weak job growth. His remarks suggest he may not support a September rate cut.
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