News

There is still a case for modest monetary loosening, which the Fed is to deliver if employment does not reaccelerate quickly, ...
Friday's weak jobs report has rekindled bets on the Federal Reserve making a series of interest-rate cuts this year. As of ...
Recent deep revisions to jobs data reveal unexpected labor market weakness, making a September Fed rate cut highly likely.
CNBC’s “Fast Money” team discusses whether the market has set itself up for a interest rate cut sooner rather than later and ...
President Donald Trump said Tuesday that Treasury Secretary Scott Bessent is no longer a possibility to replace Federal ...
The Fed is expected to cut interest rates by 25 basis points in September, with a 94.4% probability, according to CME's ...
The list of candidates to succeed Fed Chair Jerome Powell has been cut down to four after Treasury Secretary Scott Bessent ...
The Treasury secretary has said he has “the best job in Washington,” although he has often been floated as a name for the top ...
July's dismal jobs report showed that the economy added only 73,000 jobs instead of the expected 100,000 and revised away 258 ...
Treasury Secretary Scott Bessent tells President Donald Trump he wants to stay in his role rather than pursue Fed chair role ...
Trump said he was considering four candidates — including Kevin Warsh and Kevin Hassett — for the post, though a decision ...
Global stocks rose for a second session on Tuesday and the U.S. dollar steadied as investors raised bets the Federal Reserve ...