Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in the central bank Chair Jerome Powell, ...
Federal Reserve Chair Jerome Powell appears confident in the US labor market. But that means any signs of a slowdown could ...
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, ...
Powell is set to testify before the Senate Banking Committee on Tuesday at 10 a.m. Eastern and to the House Financial Services panel on the following day. Was the U.S. jobs market much weaker than it ...
Lately, we've been hearing quite a bit of pessimistic market commentary from some pundits and big names on Wall Street. Still ...
The more President Donald Trump threatens tariffs on the US’s trading partners, the more the worry of another inflation wave ...
Federal Reserve Chair Jerome Powell may be breathing easier now that the Trump administration intends to focus on the 10-year Treasury yield, instead of rate cuts, to lower borrowing costs. But for ...
A sense of caution prevailed in the stock market as traders parsed mixed earnings ahead of Amazon.com Inc.’s results and jobs data. Bonds pared losses as Treasury Secretary Scott Bessent reiterated ...
But first a bit of background: The numbers in Friday’s jobs report most likely will change in the months (and years) to come. That’s just the nature of data collection, statistics and research: ...