Markets are urging the Fed to cut interest rates. Will it listen?
Traders are predicting a 55.9 percent chance of an interest rate cut in July.
Asian shares jump on US Fed's rate cut bandwagon
U.S. stocks headed broadly higher in early trading Tuesday on Wall Street after comments from Mexico's foreign minister injected some optimism into a developing trade dispute.
Powell hints Fed will cut rates if needed over trade wars
Chairman Jerome Powell says the Federal Reserve is prepared to respond to the Trump administration's trade conflicts to protect the U.S. economic expansion if it decides that would be necessary.
Business Highlights
___ Poor Americans likely to be hit hardest by new US tariffs PHOENIX (AP) — The biggest victims of President Donald Trump's tariffs won't necessarily be Mexicans or Chinese.
How major US stock indexes fared Tuesday
The Dow Jones Industrial Average jumped more than 500 points Tuesday as investors welcomed signals that the Federal Reserve may cut interest rates if multiple U.S. trade conflicts threaten the nation's economic expansion.
If the Fed cut rates, the stock market should not be celebrating: Peter Schiff
Euro Pacific Capital CEO Peter Schiff says don't underestimate China and Mexico.
Dow Jones industrials gain 510 points after Fed signals it could cut interest rates if US trade conflicts slow economy
Dow Jones industrials gain 510 points after Fed signals it could cut interest rates if US trade conflicts slow economy.
Markets Right Now: Dow gains 512 points on back of Fed
The latest on developments in financial markets (all times local): 9:35 a.m.
Bank of America CEO: Not expecting Fed rate cut this year
BofA's CEO doesn't buy the view that the Fed will cut rates in 2019.
As mortgage rates plunge, should you refinance?
Nearly 6 million people can now cut their mortgage payments with refinancing.
Fed, Trump on trade give stocks best day since January
The S&P 500 posts best day of the year.
US consumer spending slows to 0.3% gain in April
Consumer spending slowed in April with inflation up, but still far below the target set by the Federal Reserve.
The bond market is getting another whiff of a recession
The scent of a possible recession is wafting through the bond market again.
China trade tensions could spell trouble for US bank earnings
Trading volumes are down, as U.S. Treasury notes hit a 20-month low.
Why is the market forecasting a Fed interest rate cut this year?
The CME’s FedWatch Tool, which analyzes the probability of rate moves for upcoming Fed meetings, is currently predicting a 59.7 percent chance of a rate cut in September.
Gig economy workers are still struggling financially, 10 years after the recession
While most American families have experienced substantial gains since 2013, in line with the nation’s ongoing economic expansion, economic disparities still exist in the country.
US does not brand China as currency manipulator
The Trump administration has again decided not to label China or any other country as a currency manipulator.
Trump blames Fed once again for hurting economic growth
President Trump has been a frequent critic of both the Federal Reserve and its chairman, Jerome Powell.
Shocking number of Americans can't cover $400 surprise expense
Additionally, about one-quarter of non-retired adults have no retirement savings.
US tariffs on Chinese imports could help push inflation closer to 2%, Fed's Daly says
San Francisco Federal Reserve President Mary Daly foresees President Trump’s tariff on Chinese goods impacting the U.S. inflation rate.