Treasury Secretary Scott Bessent said President Donald Trump is looking for longer-term interest rates to fall.
It makes sense that the president would want 10-year yields to come down. Plenty of people would love that. “A lot of consumers feel what happens in 10-year rates,” said Brian Rehling, head of global ...
Interest expense is the fastest-growing and most nettlesome part of the federal budget, now exceeding military spending.
PRAGUE – The Czech Republic’s central bank cut its key interest rate again Thursday with inflation higher than expected after ...
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
The Trump administration isn't looking to clash with the Federal Reserve over interest rates, Treasury Secretary Scott ...
Bank of England cuts interest rates to 4.5% but UK growth downgraded - Bank MPC votes to cut borrowing costs but also slashes ...
A. P. Moller-Maersk A/S, a bellwether for world trade, forecast growth in the global container market as it sees consumer ...
Fed’s hawkish stance and potential reduction in rate cuts for 2025 have unsettled markets. Read more on market expectations, ...
Interest rates were lowered by a quarter of a point. Governor Andrew Bailey said there was "heightened uncertainty".
According to the latest data from Freddie Mac’s Primary Mortgage Market Survey, the average 15-year fixed mortgage rate is ...
The Bank of England voted to reduce the base rate by 25 basis points at the first MPC meeting of the year, as widely ...