White House economic adviser Kevin Hassett is emerging as a leading candidate to become the next chair of the US Federal Reserve, signalling a potential shift in America’s monetary policy leadership ...

At its last meeting, the Federal Reserve kept its benchmark interest rate in a range of 4.25% to 4.5%. That's too high for President Donald Trump, whose latest jawboning of the central bank came ...

While it’s an unlikely outcome, some investors have staked out positions in futures markets that will profit if interest rates drop immediately after Jerome Powell’s term as chair ends in May 2026.

US stocks edged higher on Wednesday as AI chip maker Nvidia (NVDA) became the first company to ever touch a $4 trillion market cap. The Dow Jones Industrial Average (^DJI) rose 0.6%, while the S&P 500 ...

Some investors have staked out positions in futures markets that will profit if interest rates drop immediately after Jerome ...

At 05:35 ET (09:35 GMT), the Dow Jones Industrial Average gained 200 points, or 0.5%, the S&P 500 index rose 30 points, or ...

The minutes from the U.S. Federal Reserve’s June policy meeting are expected to show a divided central bank wrestling with ...