President Donald Trump's repeated calls for aggressive rate cuts collided with economic reality Tuesday, as June's rising inflation dynamics offered a win—at least temporarily—for Federal Reserve ...

The president slapped 30% tariffs on two of America’s biggest trading partners and went on TV to fume about the head of the Federal Reserve.

Discover why Powell Industries (POWL) is poised for growth with AI demand, energy projects, and a $1.3B backlog.

Trump’s needling aside, the latest inflation data show that Powell’s wait-and-see approach is the exact right tack for ...

Treasury Department Secretary Scott Bessent on Tuesday said the process to pick a new chair of the Federal Reserve has started, ahead of Chair Jerome Powell’s term ending in 2026 and amid growing ...

The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends. “Traditionally, the Fed chair also steps down as a governor." ...

The Federal Reserve’s political independence — the sense that the world’s most powerful central bank makes decisions based on ...

U.S. Treasury Secretary Scott Bessent, in an interview on Bloomberg Surveillance on Tuesday, said that a "formal process" is ...