Treasury Secretary Scott Bessent said Thursday that the bond market is signaling that the Federal Reserve should be cutting rates. "We are seeing that two-year rates are now below Fed funds rates, so that's a market signal that they think the Fed should be cutting,

Regional Fed surveys have shown manufacturing activity in disarray as firms deal with tariff uncertainty and rising prices.

President Donald Trump is badgering the Federal Reserve to cut interest rates, but even if the Fed gave in to the pressure, it wouldn’t necessarily lead to lower borrowing costs for consumers