News

Bessent: Trump Using "Bobby Knight... Working The Refs" Strategy On Fed/Interest Rates
Treasury Secretary Scott Bessent used a basketball metaphor to explian President Trump's unsually direct confrontation with ...
Bessent teases new Aug. 1 deadline for tariffs, says Fed chair can’t cut rates like Trump wants
Treasury Secretary Scott Bessent revealed that the Trump administration is now eyeing Aug. 1 as the date to slap the ...
Atlanta Fed's Bostic warns tariff impacts could cause prolonged inflation
Atlanta Federal Reserve President Raphael Bostic warned that effects of President Donald Trump's tariffs could cause ...
The Fed Just Stepped Into The Repo Market
The Fed just provided over $11B in 1-day liquidity to the overnight repo market. Read the implications for the banking system ...
Steady job market keeps Fed on hold amid tariff uncertainty
Unexpectedly solid job gains in June bolstered the case for the Federal Reserve to keep interest rates on hold to keep ...
Trump calls for Fed Chair Jerome Powell to immediately resign: ‘Too late’
In the latest escalation in the feud between President Donald Trump and Fed Chair Jerome Powell, the president called for ...
Why the Fed Is Likely to Stay on Pause
The June jobs report is likely to keep the Federal Reserve in a wait-and-see stance for the summer, writes our Nick Timiraos, ...
Trimmed Fed rate cut wagers pull rupee, forward premiums off one-month peak
The Indian rupee and dollar-rupee forward premiums retreated from one-month peaks on Friday after a stronger than expected ...
The Fed forecast that everyone's watching
The central bank is on a path to hold steady, reaffirming the view that the economy is in strong enough shape for ...