Treasury Secretary Bessent’s bold outlook is fueled by a surprise July inflation report and revised jobs data.

The dollar slipped for a second straight session on Wednesday, a day after a U.S. inflation reading increased expectations of ...

The U.S. dollar languished at multi-week lows versus major peers on Thursday as traders ramped up bets for the Federal ...

Donald Trump has slammed that cut as politically motivated given the proximity to the November presidential election.

A hotter-than-expected wholesale inflation report just made the Federal Reserve’s decision regarding a September rate cut ...

Treasury Secretary Scott Bessent on Wednesday urged central bankers to issue a half-point cut at next month’s meeting – ...

The Fed has held its benchmark interest rate between 4.25% and 4.5% this year, though officials have penciled in two cuts by ...

The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...

In an unusual visit to the Federal Reserve, President Donald Trump once again said that interest rate cuts were needed and ...

US inflation held steady in July despite import tariffs, bolstering bets that the Federal Reserve may cut interest rates next ...

Trump said that his next line of attack against “loser” Jerome Powell for refusing to lower interest rates could be a lawsuit over his $2.5 billion HQ renovation.

The Federal Reserve voted to leave its short-term interest rate unchanged as expected, despite mounting pressure ...