Budget office expects Federal Reserve to cut rates in 2026

WASHINGTON (AP) — The Federal Reserve is expected to cut short-term rates in 2026, with its key interest rate settling at 3.4 ...

Trading Day: Defense Over Tech, Payrolls Next

U.S. President Donald Trump said on Wednesday that the U.S. defense budget should increase 50% to $1.5 trillion next year, ...

Fed to cut rates slightly this year, CBO forecasts

The Federal Reserve will likely cut rates a little more to "address downside risks to the labor market" and then stop there, ...

Fed's Miran says he's looking for rate cut of 150 basis points this year

Stephen Miran, a Federal Reserve governor whose term ends at the end of January, said Thursday that he is looking for 150 ...
Wall Street Journal

Kevin Hassett on Rate-Cut Pressure: ‘You Do the Right Thing’

National Economic Council director Kevin Hassett, a leading candidate to be the next Federal Reserve chairman, said he wouldn't bow to political pressure to cut interest rates. “You just do the right ...