Just a few months ago, recession fears dominated economic forecasts. “We’ve been surprised again and again by consumers,” ...

Donald Trump is reportedly fuming over a Wall Street Journal report claiming Treasury Secretary Scott Bessent talked him out ...

For Meghan Swiber, a US rates strategist at Bank of America, the curve steepener trade is a less effective hedge against a ...

US Treasury Secretary Scott Bessent weighed in on the latest Fed drama, pointing to the "fear-mongering" around tariffs and ...

The treasury secretary’s latest comments contrast with his earlier alleged role as peacemaker. The president, meanwhile, ...

High-profile criticism of some $700 million in cost overruns is said to be an effort to pressure Jerome Powell to quit.

At the same time, 10-year Treasury yields fell below the 2% mark, with real yields retreating as traders digested growing ...

Trump wants to replace Jerome Powell with a Fed chair who will do what he wants. But that still may not produce the steep ...

Changing the way the Federal Reserve operates or assesses the economy may have a more durable impact on policy and markets ...

Asian share markets held their ground near a four-year peak on Tuesday, buoyed by Wall Street's closing record high ahead of ...

The remark came in response to being asked about firing Fed Chair Jerome Powell. Read more at straitstimes.com. Read more at ...

Treasury Secretary Scott Bessent on Monday suggested a review of the Federal Reserve that would go beyond the current ...