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Treasury Secretary Scott Bessent is among the contenders to head the Federal Reserve. Can President Donald Trump have him do ...
Trump hopes to get lower rates by replacing Fed Chair Jerome Powell with someone who would do what the president wants. But ...
U.S. stocks closed higher even though Federal Reserve meeting minutes show no hurry to cut rates and Amazon's Prime Day falls ...
Officials voted unanimously at their last meeting to keep rates unchanged at a range between 4.25 percent and 4.50 percent.
US stocks rose on Wednesday as Nvidia (NVDA) shares jumped to a fresh all-time high, with the AI chip maker becoming the ...
Federal Reserve officials appear as uncertain over the future trajectory of the U.S. economy as businesses and consumers, ...
Fed Governor Christopher Waller and Fed Vice Chair for Supervision Michelle Bowman have since said they felt rates could fall ...
President Donald Trump has unleashed on Federal Reserve Chair Jerome Powell as an Apprentice-style showdown for a replacement ...
The U.S. central bank’s decision to hold interest rates steady in June was unanimously supported, but officials were starting ...
The minutes reveal more closely the behind closed doors thinking between the U.S.’ top policymakers with the Fed under barrage from the White House.
Federal Reserve officials diverged at their June meeting about how aggressively they would be willing to cut interest rates.
Minutes from the Fed’s June policy meeting tease at a looming split over whether and when officials will resume rate cuts.