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

NEW YORK, Aug. 12 (Xinhua) -- U.S. Treasury Secretary Scott Bessent said Tuesday that the Federal Reserve should cut interest rates by 50 basis points (bps) at its next meeting in September, adding ...

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

The real thing now to think about is should we get a 50 basis-point rate cut in September,” Bessent said in an interview on ...

Whatever happens at September's US Federal Reserve (Fed) meeting will pale in comparison to a wholesale rethinking of the US ...

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

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

The Federal Reserve building's renovation has been at the center of Trump's fight with Powell, whose term as Fed chairman expires in May 2026.

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

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

US inflation remained stable in July 2025, with the consumer price index rising 2.7% year-over-year, similar to June. Falling ...