Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...

Treasury Secretary Scott Bessent on Wednesday urged central bankers to issue a half-point cut at next month’s meeting – breaking from his zipped-lip stance on the Fed’s monetary agenda. Bessent said ...

President Donald Trump on Tuesday threatened to allow a “major lawsuit” against Federal Reserve Chairman Jerome Powell to proceed, escalating his pressure on the central bank leader to cut interest ...

Markets rose Wednesday on growing hopes of US interest rate cuts after soft inflation data, with Japan's Nikkei hitting a ...

Politics aside, most Fed officials agree that rates will fall this year, with the median "dot plot" in the Fed's June Summary ...

US stock markets surged to record highs as hopes for an interest rate cut strengthened. The S&P 500 and Nasdaq closed at ...

Japan's Nikkei hit a second record high in as many days Wednesday, as hopes of US interest rate cuts following soft inflation ...

The president blasted David Solomon (and his erstwhile DJ side gig) in a social post Tuesday, suggesting he fire a top ...

US President Donald Trump's repeated attacks on Powell have alarmed economists who warn of potential damage to the Fed’s independence.

According to CNBC, President Trump is evaluating 11 candidates to replace Fed Chair Jerome Powell when his term ends in May ...

The S&P 500 climbed 72.31 points, or 1.13%, to a record 6,445.76. The Nasdaq Composite finished at a peak 21,681.90, up 296.50 points, or 1.39%. The Dow Jones Industrial Average gained 483.52 points, ...

In MAGA world, Stephen Miran, the White House economist President Donald Trump nominated last week to the Federal Reserve’s ...