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Treasury Secretary Scott Bessent will personally interview the leading candidates to take over as chair of the Federal Reserve when the job becomes available next year, according to Bloomberg. The ...
The Federal Reserve failed to prioritize its core mission to combat inflation while embracing the Biden administration’s ...
A handful of Fed officials have voiced optimism since July that the highest U.S. tariffs since the 1930s will stoke just ...
Global equity markets lost ground on Monday in a choppy session while yields of long-dated U.S. Treasuries fell, as investors ...
The Federal Reserve’s two vice chairs, Michelle Bowman and Philip Jefferson, and Dallas Fed President Lorie Logan are under ...
Treasury Secretary Scott Bessent is leading a search for a successor to Fed Chair Jerome Powell, whom President Trump has pushed all year, in vain, to cut rates.
However, a dark horse candidate is emerging to replace current Fed Chairman Jerome Powell, according to Barclays’ public policy strategist Michael McLean – Stephen Miran.
Citing sharp downward revisions to U.S. job growth, Bowman reiterated her forecast for three cuts this year while warning that declining data reliability complicates policymaking.
Both Federal Reserve vice chairs, Michelle Bowman and Philip Jefferson, as well as Dallas Fed President Lorie Logan are under ...
BANGKOK (AP) — Shares advanced in Asia on Monday, a day ahead of U.S. President Donald Trump’s deadline for imposing higher ...
Tariffs are driving up costs, but their impact on inflation hasn't fully appeared due to inventory stockpiling and slow ...
Through June, consumers have absorbed just 22% of tariff costs – but their share is expected to jump as more companies start ...