US President Donald Trump has finally broken his silence on the rumors about firing the Fed Chair Jerome Powell. Trump ...

Trump is reportedly considering Treasury Secretary Scott Bessent among top contenders to replace Fed Chair Jerome Powell, who he has criticized over interest rates.

Federal Reserve Chair Jerome Powell has faced significant criticism from the Trump administration over the central bank’s stance on holding interest rates steady in recent months.

Presidents typically announce their nominees for Fed chair three to six months before the sitting person’s term expires, ...

Under normal circumstances, moderating inflation and a weakening labor market would make an easy case for interest rate cuts ...

WASHINGTON] US Treasury Secretary Scott Bessent said on Wednesday that he wishes to remain in his current position, after a ...

Donald Trump hailed the latest US inflation data as “great numbers” and called for an interest rate cut. But he is ...

The Consumer Price Index for May shows inflation barely budging, and, since January, consumer prices are up only 1.4 percent at an annual rate.

Stocks closed lower on Wednesday (June 11), as the market’s recent run higher took a breather, as traders weighed a ...