The Latest Breaking News from Interest Rates

As speculation grows that the Federal Reserve will soon start lowering interest rates, now is a good time to review your financial plans for housing, estate, taxes, investing and retirement to make the most of potential changes.

The September Fed meeting is a key economic event, with Wall Street keyed into what Fed Chair Powell & Co. will do about interest rates.

The Trump administration has asked an appeals court to remove Lisa Cook from the Federal Reserve’s board of governors by Monday, before the central bank’s next vote on interest rates

The dollar index (DXY00 ) on Thursday fell by -0.28%. The dollar gave up an early advance and retreated Thursday after US weekly jobless claims unexpectedly rose to a 3.75-year high and Aug CPI was right on expectations, cementing expectations for at least a 25 bp rate cut by the...

The U.S. Federal Reserve’s main monetary policy tool is the control of short-term interest rates through the Fed Funds Rate. The market expects the Fed to reduce rates at the September FOMC meeting, but lowering short-term rates does not guarantee that longer-term interest rates will decline.

All three major U.S. equity benchmarks — the SP 500, Nasdaq 100, and Dow Jones — surged to fresh record highs on Thursday, as investors piled into risk assets on growing bets that interest rates will soon fall.

The dollar index (DXY00 ) today gave up overnight gains and is down by -0.24%. The dollar retreated today after US weekly jobless claims unexpectedly rose to a 3.75-year high and Aug CPI was right on expectations, cementing expectations for at least a 25 bp rate cut by the Fed...

New CPI update shows prices increased 2.9% over the last year, but Wall Street optimistic Fed will cut interest rates

Jefferies Chief Market Strategist David Zervos believes the Federal Reserve should consider a bold shift in monetary policy, making the case for deeper interest rate cuts during the upcoming meeting.