News

June jobs report comes in stronger than expected — tanking hopes that the Fed will cut rates this month
The Labor Department reported Thursday that the US economy added 147,000 jobs in June, beating the 110,000 gain forecast by ...
Historical Data: Recessions Trump Interest Rate Relief For Car And Home Sales
Bill Conerly argues that business contingency planning should focus on the downside risk of recession rather than the upside from falling interest rates. Click to read.
US Treasury chief says he thinks Fed could lower interest rates by September
U.S. Treasury Secretary Scott Bessent said on Tuesday he believes the Federal Reserve could lower interest rates by September ...
Mortgage Interest Rates Today: Mortgage Rates Retreat Again After Fed Chair’s Congressional Testimony
The average rate on 30-year fixed home loans from Freddie Mac decreased again to 6.77% for the week ending June 26.
Scott Bessent says Fed could cut rates by September or 'sooner'
Treasury Secretary Scott Bessent said Tuesday night that he thinks the Federal Reserve could cut interest rates by September or 'sooner' because of mild inflation thus far from President Trump’s ...
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Fed chair says bank would have cut rates this year if not for tariffs
Federal Reserve Chair Jerome Powell defended the central bank's decision to not cut interest rates so far this year and said ...