Economists expect the Consumer Price Index, to be released at 8:30 a.m., to show that the annual rate of so-called core ...

U.S. Treasury Secretary Scott Bessent, in an interview on Bloomberg Surveillance on Tuesday, said that a "formal process" is ...

Powell has repeatedly declined to answer questions on whether he might stay on as a governor. That reticence has complicated ...

The president slapped 30% tariffs on two of America’s biggest trading partners and went on TV to fume about the head of the Federal Reserve.

US Treasury Secretary Scott Bessent said a "formal process" to identify a potential successor to Federal Reserve Chairman Jerome Powell is already starting. Bessent added, "I think it'd be very ...

US Fed chair Jerome Powell continues to face mounting pressure to step down amid scrutiny into whether he was truthful to ...

The process to choose the next head of the Federal Reserve is getting under way, Treasury Secretary Scott Bessent said, suggesting that when current Chair Jerome Powell is replaced, he should also ...

Trump is threatening to create a Federal Reserve independence nightmare for markets as the bitcoin price hits an all-time ...