The probability of a Federal Reserve rate cut in September jumped dramatically following weak employment data, with market ...

US President Trump said he is considering four candidates to replace Federal Reserve Chair Jerome Powell but ruled out ...

President Donald Trump said Tuesday that Treasury Secretary Scott Bessent is no longer a possibility to replace Federal ...

Editorial written by Bloomberg Opinion Board. The Federal Reserve resisted pressure from the White House last week and left ...

President Donald Trump has narrowed down his list of potential candidates to lead the Federal Reserve to four people. On ...

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 ...

Treasury Secretary Scott Bessent tells President Donald Trump he wants to stay in his role rather than pursue Fed chair role ...

President Donald Trump said that he would fill two key leadership positions with significant oversight of the US economy as ...

President Donald Trump’s relentless calls for dramatic reductions in interest rates, along with his ability to make changes ...

The president's comments ended speculation that the treasury secretary would be in the running to succeed Jerome Powell, whose term ends in May 2026.

The 10-year Treasury Bond yield is the benchmark for longer-term interest rates like the 30-year fixed mortgage, currently hovering around 6.8%. The Fed has set an inflation target of 2% before it ...