Scott Bessent is not going to be the next Federal Reserve chair. This came only hours after Scott himself said he’d be “happy ...

Kevin Hassett, one of President Donald Trump’s longest-serving economic aides, is the early frontrunner to replace Jerome ...

Donald Trump was elected president because he said he would end inflation. In exit polls, 76 percent of Trump voters reported that inflation caused them “severe hardship” over the previous year, and ...

Analysts say the latest dust-up between President Donald Trump and Fed Chair Jerome Powell may be more than meets the eye and that markets may not be concerned enough about the situation.

Economists expect inflation to have risen 2.7% over the year ending in June, which would mark a notable acceleration from 2.4% annual inflation recorded in the previous month.

The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends. “Traditionally, the Fed chair also steps down as a governor." ...

JPMorgan Chase CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve is 'absolutely critical' and that ...

Inflation was higher last month than analysts projected, according to federal data released Tuesday morning, as economists warn President Donald Trump’s tariffs could continue raising consumer prices ...

US Treasury Secretary Scott Bessent suggested that Federal Reserve Chair Jerome Powell should step down from the central bank’s board when his term as chair is up in May 2026.

Kevin Hassett is toadying hard to win the president’s favor. But don’t count out Kevin Warsh or Scott Bessent just yet in ...

The 10-year Treasury yield edged lower on Tuesday after the core reading of June's consumer price index came in around where economists expected. The 10-year Treasury yield fell about three basis ...

Investor sentiment surged in July to its most bullish since February, driven by the biggest jump in profit optimism in five ...