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Mortgage Interest Rates Today: Mortgage Rates Drop to Four-Month Low as Pressure Mounts on Fed

The average rate on 30-year fixed home loans registered 6.63% for the week ending Aug. 7, down from 6.72% last week.

Bessent says interest rates should be 150 to 175 basis points lower

Treasury Secretary Scott Bessent said interest rates are too high by 150 to 175 basis points in an interview with Bloomberg ...

Trump's call for interest rates to be slashed is 'totally unjustified': Strategist

Garry Evans of BCA Research explains why Trump's desire to slash interest rates is unlikely to come to fruition. He also ...

US stocks rally to records on hopes for cuts to interest rates

The U.S. stock market rallied to records after data suggested inflation across the country was a touch better last month than ...

Bessent urges Fed to slash rates next month, with ideal goal ‘150, 175 basis points lower’

Treasury Secretary Scott Bessent on Wednesday urged central bankers to issue a half-point cut at next month’s meeting – breaking from his zipped-lip stance on the Fed’s monetary agenda. Bessent said ...

Stock Market Today: Dow Opens Higher, Global Stocks Rise on Hopes for Fed Rate Cut

President Trump's tariffs continue to affect global markets and the economy. Follow for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...

Cash held by US companies halved since 2021 amid high interest rates, data shows

By Ateev Bhandari (Reuters) -Cash allocations by U.S. corporations have halved since 2021 as elevated interest rates prompt a ...

Australia’s central bank cuts interest rate for third time this year to 3.6%

Australia’s central bank has reduced its benchmark interest rate by a quarter percentage point for a third time this year to ...