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Fed rate cuts might not stimulate the economy very much: DataTrek
President Trump and Treasury Secretary Scott Bessent have been pushing for aggressive Federal Reserve interest-rate cuts. But one Wall Street strategist warned that even if the Fed delivers, it might not do much to stimulate the economy.
Treasury Secretary Scott Bessent said interest rates should be substantially lower than they are now, and he believes there ...
Wall Street is edging back from its record heights after a disappointing report said inflation was worse last month.
The average rate on 30-year fixed home loans registered 6.63% for the week ending Aug. 7, down from 6.72% last week.
Trump has pressed the Fed to lower interest rates and launched several attacks on chairman Jerome Powell.
This uncertainty introduces interest rate risk, especially for HELOCs with variable rates, meaning borrowing costs could ...
The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump made an unusual visit to ...
The S&P 500 rose 0.6% and was on track to top its all-time high set two weeks ago. The Dow Jones Industrial Average was up ...
The concentration makes the entire market vulnerable to shifts in interest rates. As yields go higher, money could move out ...
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