News

Fed Chair Jerome Powell Signals September Rate Cut in Jackson Hole Speech, Saying 'Balance of Risks' Is Shifting From Inflation to Layoffs

Powell delivered the guidance in a highly anticipated speech on Friday at the central bank's annual symposium in Jackson Hole ...

Treasury yields rise amid questions on Fed's ability to cut rates in September

Treasurys sold off slightly in Monday morning trading, but held on to the bulk of Friday's rally, as strategists raised ...

Wall Street’s September Fed rate cut bets still hinge on economic data

Jay Powell set the stage for a reduction in borrowing costs but jobs and inflation reports could get in the way ...

Mortgage Costs Weigh On Buyers as Fed Signals Rate Cut: What It Means for Housing

Jerome Powell has suggested policy shifts may be coming-and for the housing market, costs remain a critical pressure point.
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Crude Prices Supported by Geopolitical Risks and Possible Fed Rate Cut

October WTI crude oil (CLV25 ) today is up +0.98 (+1.54%), and October RBOB gasoline (RBV25 ) is up +0.0083 (+0.42%). Crude ...

Australia central bank sees more rate cuts ahead, pace undecided

Australia's central bank board judged further policy easing would likely be needed over the coming year when it cut rates ...

Jefferies' David Zervos: 'No reason' for Fed to be waiting this long for rate cuts

David Zervos, Jefferies chief market strategist, joins CNBC's 'Closing Bell' to discuss Fed Chair Jerome Powell's dovish ...