News

Kansas City Federal Reserve President Jeffrey Schmid said he favors keeping interest rates at current levels to prevent ...
Federal Reserve Bank of Chicago President Austan Goolsbee said the Fed is not tied to Wall Street or political interests and ...
Treasury Secretary Scott Bessent is pushing for 50bps to offset missed opportunities earlier this summer, but some analysts ...
Financial markets are pricing in a 100% chance the Federal Reserve is about to cut interest rates when its policy committee next meets in September, but in recent speeches, several policymakers didn't ...
Treasury Secretary Bessent urges a Fed rate cut of 50 basis points in September, citing weak jobs data and stable inflation ...
Bitcoin reached a new all-time high on Wednesday, one month after establishing a similar record in July. The rally comes ...
The rate-cut narrative continues to feed market optimism, as overnight the U.S. Treasury Secretary Scott Bessent suggested the Federal Open Market Committee (FOMC), which next meets September 16-17, ...
Treasury Secretary Bessent’s bold outlook is fueled by a surprise July inflation report and revised jobs data.
The search for the next Fed chair continues to widen, with reports adding new private-industry names to the mix.
Here's a letter from a weary Moneyist reader in the aftermath of the latest inflation data: "I'm confused! Inflation numbers are up and the stock market is also up, supposedly because Wall Street ...
The inflation data for July should give Fed Governor Christopher Waller, a monetary policy dove and a favorite to replace Jerome Powell, some pause.
The president blasted David Solomon (and his erstwhile DJ side gig) in a social post Tuesday, suggesting he fire a top ...