Federal Reserve should be open to a larger interest rate cut of 50 basis points (bps) next month. “The real thing now to ...

Yellen, 79, led the Federal as chair from February 2014 to February 2018, serving under former President Barack Obama and ...

Powell’s term as chairman of the US central bank expires in May 2026, and the Trump administration – already interviewing potential replacements – is casting a “very wide net” in the search for his ...

US Treasury Secretary Scott Bessent said early Wednesday that American and Chinese trade officials will meet again within the next two to three months to discuss the future of their economic ties.

Treasury Secretary Bessent urges a Fed rate cut of 50 basis points in September, citing weak jobs data and stable inflation ...

The Fed “could have been cutting in June, July” had it had the revised figures in hand at the time, Bessent said.

Treasury Secretary Scott Bessent said the Federal Reserve should keep the door open to a larger, 50 basis-point rate cut next ...

President Donald Trump on Tuesday morning made his latest call for the Federal Reserve to lower interest rates following July ...

Former St. Louis Federal Reserve Bank President James Bullard on Tuesday said he spoke with U.S. Treasury Secretary Scott ...

Treasury Secretary Scott Bessent will personally interview the leading candidates to take over as chair of the Federal Reserve when the job becomes available ...

Treasury Secretary Scott Bessent is leading a search for a successor to Fed Chair Jerome Powell, whom President Trump has ...

U.S. Treasury Secretary Scott Bessent says the next leader of the Federal Reserve should be someone capable of taking a broad ...