The Latest Breaking News from Interest Rates

Investors may want to think twice about betting broadly on a “strongly rising U.S. economic tide,” JPMorgan’s David Kelly writes. Same with lower interest rates.

President Donald Trump has dismissed Erika McEntarfer, the head of the Bureau of Labor Statistics (BLS), following the release of a weaker-than-expected July jobs report. The move has drawn national attention due to its timing, coming amid both economic uncertainty and ongoing discussions about the Federal Reserve’s interest rate policy.

Most economists think the Bank’s Monetary Policy Committee will cut interest rates by 0.25 percentage points to 4% on Thursday.

City predicts quarter-point drop to 4% when MPC meets on Thursday

Trump's "One Big Beautiful Bill," which he signed on July 4 included some welcomed relief for eligible new car buyers, who are facing high purchase prices and interest rates.

US Federal Reserve governor Adriana Kugler is resigning from her position, the central bank said Friday, opening a vacancy that President Donald Trump can fill as he presses his campaign to drop interest rates.

“The July jobs report goes a long way toward providing the evidence of a weaker labor market that the Fed needs to justify cutting interest rates in the face of above-target inflation,” said Brian Rose at UBS Global Wealth Management.

The Federal Reserve didn't cave to pressure from President Donald Trump and held interest rates steady in its July meeting — one that, for the first time in over 30 years, saw two dissenting votes from board members pushing for an immediate cut.

The dollar index (DXY00 ) on Friday retreated from a 2-month high and fell by -0.95%. The dollar tumbled Friday after the Jul payroll report showed the US labor market cooled more than expected, bolstering speculation the Fed may cut interest rates as soon as next month. Losses in the...