Bessent doesn’t seem to disagree with Trump, and even criticized the Fed himself in September after its jumbo rate cut. “If ...
Inflation—the Fed’s primary bugbear for most of the past four years—has come a long way. The year-over-year increase in the ...
In response to the Biden administration loosening key immigration restrictions, New York City Mayor Eric Adams sounded off on ...
“Concerns surrounding US fiscal debt sustainability were atop the list this survey, followed by escalating tensions in the ...
The US government already owns 203,000 bitcoin worth nearly $21 billion, which it acquired mainly through asset forfeitures.
Traders see 45% odds of a Fed pause in December, up from 17% last week as markets digest a win for Trump and cautious remarks ...
While the risks, benefits and magnitude of artificial intelligence's impact on financial services remain unclear, agencies ...
The last time the federal funds rate was at this level, mortgage rates were not much lower than they are now. The bigger ...
Chicago Federal Reserve President Austan Goolsbee on Thursday reiterated his support for further interest rate cuts and his ...