News

Inflation surged to 2.7% in June, the highest since February, driven by tariffs on goods like furniture and appliances ...
Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost ...
The CEO of the biggest U.S. bank warned Tuesday that “playing around with the Fed can often have adverse consequences.” ...
The tariff-driven inflation that economists feared begins to emerge after President Donald Trump's sweeping moves.
Seeking Alpha's daily roundup of statements, announcements and remarks that could move markets, sectors or individual stocks.
If market participants perceive that Fed independence is eroding, moves in financial assets could be wild, some analysts say.
Treasury Secretary Scott Bessent said Tuesday that President Donald Trump has no plan to fire Federal Reserve Chair Jerome Powell. "As President Trump said, he's not looking to fire chair Powell," ...
Treasury Secretary Scott Bessent on Tuesday said that the process to pick a new chairman of the Federal Reserve has started, ahead of chair Jerome Powell’s term ending in 2026 and amid growing ...
Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome Powell has already started — as the Trump administration ratchets up pressure ...
Many on Wall Street have privately worried that political pressure will undermine the Federal Reserve’s credibility.