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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.
Federal Reserve Bank of St. Louis President Alberto Musalem said it’s too early for him to decide on whether to lower ...
Oil prices climbed about 2% to a one-week high on Thursday after U.S. President Donald Trump warned of "severe consequences" ...
The Fed is hesitant to change interest rates largely due to one factor uncertainty over President Donald Trump's tariffs. The ...
It's the first time that Bessent has pressured the central bank for lowering the cost of borrowing, citing weak employment ...
San Francisco Federal Reserve President Mary Daly has pushed back against the need for an interest rate cut of 50 basis ...
Treasury Secretary Scott Bessent said interest rates should be substantially lower than they are now, and he believes there ...
Two Fed officials on Wednesday suggested the central bank can be patient in lowering rates. Markets see a rate cut in ...
The U.S. dollar languished at multi-week lows against major peers on Thursday as traders ramped up bets for the Federal ...
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