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

Treasury Secretary Scott Bessent said interviews for 11 Federal Reserve chair candidates will start around Labor Day as the ...

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

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 ...

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 ...

Treasury Secretary Scott Bessent wants Federal Reserve officials to lower interest rates by half a percentage point at the ...

Treasury Secretary Scott Bessent said Wednesday that short-term interest rates should be between 1.5 percentage points and 1.75 percentage points lower than their current level, keeping up the ...