Both a larger-than-expected rate cut and foundational changes at the Fed would be major pro-growth innovations in U.S.

U.S. Treasury Secretary Scott Bessent said he expects a big jump in revenues from sweeping tariffs imposed by President ...

Speaking Thursday on Fox Business, Scott Bessent, Treasury Secretary under President Donald Trump, made it clear that the ...

Bitcoin slipped after rising producer prices blunted rate-cut hopes and a Trump official said the U.S. wouldn't start ...

The U.S. dollar rose across the board on Thursday as data showed U.S. producer prices increased more than expected in July ...

The Federal Reserve is poised to lower interest rates in September. But signs of stickier inflation could limit how much ...

Treasury Secretary Scott Bessent clarifies he's not directing the Fed after suggesting neutral interest rates should be 150 ...

Wholesale prices increased in July at the quickest pace since February, as economists are keeping a sharp eye on inflation data amid President Trump’s trade war. The 3.3 percent yearly increase — ...

Inflation Gauge in Focus as Investors Eye Rate-Cut Clues By Vicky Ge Huang ...

The dollar fell to its weakest level against the Japanese yen in three weeks after U.S. Treasury Secretary Scott Bessent said he expected the Bank of Japan to raise interest rates to tackle inflation.

The S&P 500 and Nasdaq Composite Index both reached record closing highs for a second consecutive day on Wednesday, after Treasury Secretary Scott Bessent said there was a good chance of the Federal ...

The current Federal Reserve interest rate is significantly higher than necessary and should be lowered, Treasury Secretary ...