News

Economist Marc Sumerlin confirmed that he is running to be the next Federal Reserve chair in an interview with CNBC on Aug.
Fed officials also disagree on how tariffs will affect inflation going forward. Many increasingly believe the duties will ...
Speaking Thursday on Fox Business, Scott Bessent, Treasury Secretary under President Donald Trump, made it clear that the ...
US Treasuries held onto gains after traders boosted bets that the Federal Reserve will cut interest rates at its next meeting ...
Bitcoin slipped after rising producer prices blunted rate-cut hopes and a Trump official said the U.S. wouldn't start ...
The US dollar languished at multi-week lows versus major peers on Thursday as traders ramped up bets for the Federal Reserve to resume reducing interest rates next month.
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I didn’t tell the Fed what to do,” Bessent said Thursday in an interview on Fox Business, referring to his comments a day ...
Wholesale prices increased in July at the quickest pace since February, as economists are keeping a sharp eye on inflation ...
You know markets are fully risk-on when cryptocurrencies are on a tear, with bitcoin joining global stocks to scale a record peak as the near certainty of U.S. interest rate cuts bolsters risk ...
President Donald Trump said on Wednesday that he has narrowed down the list of candidates to replace Federal Reserve Chair ...
Treasury Secretary Scott Bessent clarifies he's not directing the Fed after suggesting neutral interest rates should be 150 ...