The Fed “could have been cutting in June, July” had it had the revised figures in hand at the time, Bessent said.

Stocks in Asia climbed and the U.S. dollar was subdued on Wednesday, as data showed both resilience in major economies and ...

Treasury Secretary Scott Bessent said the Federal Reserve should keep the door open to a larger, 50 basis-point rate cut next ...

NEW YORK - US Treasury Secretary Scott Bessent said Tuesday that the Federal Reserve should cut interest rates by 50 basis ...

The Trump White House will review how the Smithsonian Institute's treats American history as the 250th anniversary of the ...

However, "core" CPI — a gauge that better reflects long-term trends, excluding more volatile food and energy prices — shows a ...

Stephen Miran is President Donald Trump's nominee to become the Federal Reserve's next governor, but his name is largely ...

President Donald Trump is considering suing Federal Reserve Chair Jerome Powell, White House press secretary Karoline Leavitt said Tuesday.

Trump in a social media post on Tuesday resumed his criticism of the Fed chair over the central bank’s decision to hold interest rates steady.

The top economic aide to President Trump said there’s ”no evidence whatsoever of any tariff-induced inflation.” But that’s ...

FILE PHOTO: Stephen Miran, nominee to be chairman of the Council of Economic Advisers, testifies during a Senate Banking, ...