NEW YORK (AP) — On a sweltering summer day, children leap between rocks along the Bronx River while cyclists pedal on newly paved paths. Kayaks rest on what was once an industrial dumping ground, now ...

The One Big Beautiful Bill Act loosens fiscal policy; the Fed will need to decide whether to tighten in response ...

US Treasury Secretary Scott Bessent called Monday for the Federal Reserve to conduct an “exhaustive internal review of its ...

The USD/CAD pair extends the decline to 1.3680 during the early Asian session on Tuesday. The renewed concerns over the US Federal Reserve (Fed) independence weigh on the US Dollar (USD) against the ...

EUR/USD built on Friday’s advance and surpassed the 1.1700 hurdle to hit multi-day highs in quite a promising start to the ...

Inflation has fallen dramatically since 2022, from 9% to just under 3%, getting closer to the Fed’s target of 2%. It was a ...

US Treasury Secretary Scott Bessent weighed in on the latest Fed drama, pointing to the "fear-mongering" around tariffs and ...

Tariffs pose rising inflation and rate cut risks for H2 2025 as CPI data hints at early price pressures in key goods. See why ...

The only thing central banks fear more than a bout of inflation is an era of fiscal dominance. This is one in which governments’ budgetary needs begin to dictate monetary policy outcomes, either ...

The shift in who owns America’s debt isn’t just a policy wonk’s concern—it’s reshaping the economic landscape we live in.

Trump and the Trump administration have increasingly turned their fire on Powell and his leadership of the central bank.

As the Fed moved forward with plans to renovate its Great Depression-era headquarters in Washington during Trump’s first term ...