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WASHINGTON (Reuters) - U.S. Treasury Secretary Scott Bessent on Monday said the White House expects to start interviewing ...
A trade war ties the Fed’s hands by pushing up inflation at the same time that uncertainty is sapping growth.
Jerome Powell’s impressive soft landing only leads to more hard choices. The Federal Reserve chairman’s feat leading an ...
The Federal Reserve “has faced one big external shock after the other,” economist Mohamed El-Erian wrote in a Bloomberg ...
Powell can’t save financial markets alone here. It will take a lot more than a 25-basis-point or 50-basis-point rate cu ...
Just like that, hope for the economy tied to the Trump administration's pro-business policies, such as tax codes, have gone ...
Liberation Day last week brought the biggest selloff in the stock market since the early days of the pandemic as investors ...
Bessent said he was not concerned about Trump ousting Powell or challenging the independence of the Fed. But he said he did ...
U.S. stock futures were little changed Tuesday after two back-to-back days of gains on cautious tariff optimism.
Trump administration plans Powell’s replacement amid tariff-induced economic challenges, aiming for a Fed Chair aligned with economic goals.
The White House is set to begin interviewing candidates for the next Federal Reserve Chair this autumn, as Jerome Powell's ...
Traders are betting on Fed Chair Jerome Powell announcing an emergency rate cut amid Trump's tariffs, which have led to a ...