Strategists questioned the Treasury Secretary's recent comments asserting that Federal Reserve policy overshoots models by ...

Jefferson, a former academic, is a member of Powell's inner circle as the Vice Chair of the Fed board. He was appointed to his post by former President Joe Biden. Logan is a former top Fed staffer who ...

Treasury Secretary Scott Bessent said interviews for 11 Federal Reserve chair candidates will start around Labor Day as the ...

WASHINGTON] US Treasury Secretary Scott Bessent said on Tuesday (Aug 19) that interviews for Federal Reserve Chair Jerome Powell’s replacement are set to take place around Sep one – with 11 candidates ...

President Trump has consistenly called out chair Powell on Truth Social, nicknaming the banking head 'Too Late.' He's taken ...

In a CNBC interview, Bessent confirmed the race to replace current Chair Jerome Powell is between 11 candidates.

President Trump's tariffs continue to affect global markets and the economy. Follow for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...

WASHINGTON (Reuters) -Fed Chair Jerome Powell used the central bank's annual Wyoming research conference to promise inflation ...

U.S. Treasury Secretary Scott Bessent said he isn’t calling for a series of interest-rate cuts from the Federal Reserve, just ...

Fed cuts would immediately make borrowing cheaper on credit cards and auto loans, since those products are based on the short ...

Speaking Thursday on Fox Business, Scott Bessent, Treasury Secretary under President Donald Trump, made it clear that the ...

The Federal Reserve is poised to lower interest rates in September. But signs of stickier inflation could limit how much ...