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According to new employment totals released today by the Bureau of Labor Statistics, the US economy added an estimated ...
Steady job growth and slightly elevated inflation rates indicate that the Fed will avoid rate cuts for now despite Trump’s demands.
The Federal Reserve is likely to resume lowering interest rates in September, but it won’t be an easy call for the central ...
The latest jobs data came in way better than expected. That emphatically confirmed the wisdom of Fed chief Jerome Powell and the other 11 members of the Federal Open Market Committee. Powell and his ...
If they want to make a mistake here and not cut, that’s fine,” Bessent told CNBC, insisting that tariffs imposed by Trump ...
The odds of a rate cut at the Federal Reserve’s next meeting evaporated after a resilient jobs report for the month of June ...
The U.S. dollar rose against major currencies, including the yen, euro and Swiss franc on Thursday, after data showing the ...
The director of the Federal Housing Finance Agency accused the Federal Reserve chair of lying to Congress in testimony about ...
Stocks, bond yields and the dollar gained on Thursday after a strong jobs report soothed nerves about how the economy is ...
The Trump administration seeks a Fed replacement, with Treasury Secretary Bessent highlighting strong candidates for the role ...
The president has been trashing Powell for weeks as the central bank chairman has refused to cut interest rates.
President Donald Trump continued to ramp up his feud with Federal Reserve chair Jerome Powell over the central bank ...
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