Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
Goolsbee: Fed in solid place for eventual cuts though uncertainty means a slower approach
A full-employment economy with solid growth and falling inflation will let the U.S. Federal Reserve continue cutting interest ...
Bessent's focus on 10-year US Treasury yield may let Fed off the hook
The Trump administration's emerging focus on long-term Treasury bond yields may show growing sensitivity to market ...
Market Expectations, The Federal Reserve, And Trump 2.0
Fed’s hawkish stance and potential reduction in rate cuts for 2025 have unsettled markets. Read more on market expectations, ...
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Oil prices climb amid Fed rate cut hopes
Oil prices rebounded on Friday after three weeks of decline, driven by expectations of further US Federal Reserve (Fed) rate ...
Wildfires, snow and holiday shopping. Here’s what likely influenced Friday’s jobs numbers
Trump, via the Elon Musk-spearheaded Department of Government Efficiency, is in the process of gutting some federal agencies. It remains to be seen how deep the job cuts will go, but those offered ...
US job market likely began the year strong, but faces cloudier future
The U.S. labor market probably started 2025 the way it spent most of last year: generating decent, but unspectacular, job ...
Shock for UK as Bank of England halves its economic growth prediction
The BoE's predictions follow its decision on Thursday to cut its main interest rate for the third time in six months. The bank now predicts that the British economy will only grow by 0.75% this year, ...
Trump Treasury secretary Scott Bessent relieves some pressure on the Fed
Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, ...
Bank stocks pop after Fed releases ‘easier' 2025 stress test, plans to make exam more predictable
The stress test changes bolster the case made by Wall Street analysts that U.S. banks will face a friendlier regulatory ...
Should bond investors beware Trump tariffs? How proposed tariffs could hit bonds
The bond market has already begun pricing in the potential for higher interest rates. Even the day after Trump’s election ...
Trump is focused on lowering bond yields, not fighting the Fed, Treasury chief says
The Trump administration isn't looking to clash with the Federal Reserve over interest rates, Treasury Secretary Scott ...