News

Editorial: The Fed was right to say no on interest rates
For the moment, demand is adequate and unemployment is low. This makes the White House’s view — that tight money is ...
Markets now betting Fed will cut rates in September after disappointing jobs report
The probability of a Federal Reserve rate cut in September jumped dramatically following weak employment data, with market ...
Trump confirms Scott Bessent won't replace Powell as Fed chair amid rising tensions with central bank
Treasury Secretary Scott Bessent tells President Donald Trump he wants to stay in his role rather than pursue Fed chair role ...
Futures edge up on growing Fed rate-cut bets; earnings in focus
Wall Street futures edged higher on Tuesday, building on momentum from the previous session as expectations for the Federal ...
Trump evaluating Jerome Powell’s successor at Federal Reserve, Bessent declines interest
US President Trump said he is considering four candidates to replace Federal Reserve Chair Jerome Powell but ruled out ...
Fed chief Jerome Powell is highly political, he is too late on rates: Donald Trump
The only time Powell wasn’t too late was when he lowered interest rates before elections, Trump said while speaking to CNBC.
What we know about Trump’s Fed chair candidates so far
President Donald Trump said Tuesday that he's whittled down his list of potential Federal Reserve chair candidates to four as ...
Bessent won’t replace Powell as Fed chair, Trump says: ‘I love Scott, but he wants to stay where he is’
The Treasury secretary has said he has “the best job in Washington,” although he has often been floated as a name for the top ...
A divided Federal Reserve mulls interest rate cut after wild week
The 10-year Treasury Bond yield is the benchmark for longer-term interest rates like the 30-year fixed mortgage, currently hovering around 6.8%. The Fed has set an inflation target of 2% before it ...