Changing the way the Federal Reserve operates or assesses the economy may have a more durable impact on policy and markets ...

WASHINGTON: US Treasury Secretary Scott Bessent said on Monday (July 21) that the role and performance of the Federal Reserve ...

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For the moment, our central forecast still sees the Fed remaining on hold throughout 2025. For 2026, we have changed our base ...

Ahead of US Fed Chair Jerome Powell’s scheduled speech, Treasury Secretary Scott Bessent has called for a comprehensive ...

HARVARD LAWSUIT: A federal judge appeared to lean in favor of Harvard University during arguments today in its lawsuit over ...

A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell, who has been h ...

The remark came in response to being asked about firing Fed chair Jerome Powell, whom president Donald Trump has repeatedly attacked in recent weeks for not cutting interest rates.

US Treasury Secretary Scott Bessent has expressed a need to examine the performance of the Federal Reserve, which has ...

The Federal Reserve last cut its key benchmark interest rate in December, reducing it by 0.25 percentage points to a target ...

Another day, another US sharemarket record. All’s well in the US, despite Trump’s tariffs, his debt-funded spending binge and ...

An examination of the Fed is necessary to determine why members have proved unable to “break out of a certain mindset,” Bessent said.