News

Bessent teases new Aug. 1 deadline for tariffs, says Fed chair can’t cut rates like Trump wants
Treasury Secretary Scott Bessent revealed that the Trump administration is now eyeing Aug. 1 as the date to slap the ...
Bessent: Trump Using "Bobby Knight... Working The Refs" Strategy On Fed/Interest Rates
Treasury Secretary Scott Bessent used a basketball metaphor to explian President Trump's unsually direct confrontation with ...
Atlanta Fed's Bostic warns tariff impacts could cause prolonged inflation
Atlanta Federal Reserve President Raphael Bostic warned that effects of President Donald Trump's tariffs could cause ...
The Fed forecast that everyone's watching
The central bank is on a path to hold steady, reaffirming the view that the economy is in strong enough shape for ...
Trimmed Fed rate cut wagers pull rupee, forward premiums off one-month peak
The Indian rupee and dollar-rupee forward premiums retreated from one-month peaks on Friday after a stronger than expected ...
Trump calls for Fed Chair Jerome Powell to immediately resign: ‘Too late’
In the latest escalation in the feud between President Donald Trump and Fed Chair Jerome Powell, the president called for ...
Why the Fed Is Likely to Stay on Pause
The June jobs report is likely to keep the Federal Reserve in a wait-and-see stance for the summer, writes our Nick Timiraos, ...
Fed independence, US rule of law at risk, UBS reserve managers survey says
Two in three reserve managers fear Federal Reserve independence is at risk and nearly half think the rule of law in the ...