U.S. Treasury Secretary Scott Bessent warns that the Federal Reserve's independence is at risk due to 'mandate creep' and calls for a review of its recent renovation project amid budget concerns.
As President Trump considers potential replacements for Jerome Powell, uncertainty looms over whether Powell will step down next year. With his term ending in May, Trump may need to prepare for various scenarios.
President Trump may soon announce a replacement for Jay Powell, stirring fears on Wall Street. As markets react, corporate leaders scramble to find a candidate against Zohran Mamdani for New York mayor.
Jerome Powell cautions that Trump's tariff plans could lead to persistent inflation, influencing the Fed's approach to interest rate cuts. As trade tensions rise, the economic outlook remains uncertain.
The Federal Reserve has decided to keep interest rates steady, citing inflation risks and the impact of trade wars. Discover how this affects your finances and what to expect in the coming months.
The Swiss National Bank has slashed its interest rate to zero, raising the possibility of negative rates in the future. This decision aims to combat low inflation and comes amid global economic uncertainty. What does this mean for savers and the markets?
The Swiss National Bank has cut interest rates to 0% amid declining inflation, raising concerns about a potential return to negative rates. The move aims to stabilize the economy in face of global uncertainty.
In a surprising move, the Federal Reserve maintains steady interest rates while hinting at potential cuts later this year. With inflation concerns, economic growth predictions are revised downward, and President Trump calls for action.
The Federal Reserve is set to keep interest rates unchanged as it navigates a cooling economy, rising oil prices, and uncertainty from Trump’s trade policies. With inflation concerns mounting, what’s next for U.S. monetary policy?
China's consumer prices have fallen for the fourth straight month, raising concerns about the effectiveness of Beijing's stimulus measures. With price wars in the auto industry and a deepening deflation in producer prices, experts warn that domestic demand must be revived to combat economic stagnation.
