News

Bessent teases new Aug. 1 deadline for tariffs, says Fed chair can’t cut rates like Trump wants
Treasury Secretary Scott Bessent revealed that the Trump administration is now eyeing Aug. 1 as the date to slap the ...
Bessent: Trump Using "Bobby Knight... Working The Refs" Strategy On Fed/Interest Rates
Treasury Secretary Scott Bessent used a basketball metaphor to explian President Trump's unsually direct confrontation with ...
Bessent Says Fed ‘A Little Off,’ Flags Signal From Two-Year Rate
Treasury Secretary Scott Bessent questioned Federal Reserve policymakers’ judgment on interest rates, reiterating his view ...
Mortgage Interest Rates Today: Mortgage Rates Drop Ahead of Independence Day Weekend
The average rate on 30-year fixed home loans decreased to 6.67% for the week ending July 3, down from 6.77% last week.
Trimmed Fed rate cut wagers pull rupee, forward premiums off one-month peak
The Indian rupee and dollar-rupee forward premiums retreated from one-month peaks on Friday after a stronger than expected ...
Atlanta Fed's Bostic warns tariff impacts could cause prolonged inflation
Atlanta Federal Reserve President Raphael Bostic warned that effects of President Donald Trump's tariffs could cause ...
Federal Mortgage Regulator Bill Pulte Calls on Congress To Investigate Fed Chair Powell
Bill Pulte, the nation's top mortgage regulator, has called for a congressional investigation into Federal Reserve Chair ...
The Fed forecast that everyone's watching
The central bank is on a path to hold steady, reaffirming the view that the economy is in strong enough shape for ...