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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 ...
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.
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 ...
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 ...
I thought of that experience in the light of Donald Trump—and not just because his divisive style mirrors Rizzo. Last week, ...
President Trump ripped the Federal Reserve’s renovations to its headquarters Sunday ahead of a a press conference Monday addressing “crime and the beautification” of Washington, ...
Mr. Trump’s tariffs are now clearly fueling inflation, particularly in goods such as home appliances, cars and food. In the ...