Morning Brief anchor Julie Hyman breaks down the latest market news for August 13, 2025.
Stocks trade at record highs fueled by hopes of the Fed cutting rates in September stemming from July’s inflation data.
US Treasury Secretary Scott Bessent told Fox Business the Federal Reserve should be open to an outsized cut at its next meeting. It comes as several outlets report that President Trump’s list of potential picks to replace Chair Jerome Powell is getting longer. For more Morning Brief videos, please visit: https://finance.yahoo.com/videos/series/morning-brief/
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