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

Federal Reserve Chair Jerome Powell will give a speech on the economic outlook and the Fed's review of its policy framework ...

The dollar slipped for a second straight session on Wednesday, a day after a U.S. inflation reading increased expectations of ...

It's the first time that Bessent has pressured the central bank for lowering the cost of borrowing, citing weak employment ...

Growth, inflation, and jobs data don’t signal rates cuts. Yet the odds of a quarter-point September cut are at just under 100 ...

President Trump blasted Federal Reserve Chair Jerome Powell over the multibillion-dollar renovation of the central bank's ...

The Fed Chair Powell is expected to stay hawkish at the Jackson Hole Symposium and fail to signal an interest rate cut in ...

Treasury Secretary Scott Bessent on Wednesday urged central bankers to issue a half-point cut at next month’s meeting – ...

Trump said that his next line of attack against “loser” Jerome Powell for refusing to lower interest rates could be a lawsuit over his $2.5 billion HQ renovation.

Trump returned to his sharp critiques of the Fed chair, saying "Jerome 'Too Late' Powell must NOW lower the rate" after 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 ...