President Donald Trump's coming nomination of a new member of the Federal Reserve's Board of Governors will focus attention ...

President Donald Trump is actively seeking a new leader for the Federal Reserve, aiming for someone more aligned with his economic policies. With Jerome Powell's term nearing its end, Trump has ...

President Trump intensifies his search for a new Federal Reserve leader as Scott Bessent steps out of the race. With Jerome ...

The pressure to cut rates is intensifying as the US jobs market and the growth story are no longer looking quite so solid.

Kevin Hassett leads prediction markets at 48%, while Kevin Warsh follows at 29% as top contenders for Federal Reserve ...

The dollar dropped on Wednesday and the euro hit a one-week high as traders bet that the Federal Reserve will cut rates more ...

Yet when Bailey and colleagues on the BoE's Monetary Policy Committee chop U.K. borrowing costs on Thursday, they will be continuing to cut at a pace that makes the current easing cycle among the ...

President Donald Trump is once again floating the idea of firing Federal Reserve Chairman Jerome Powell, ostensibly in objection to excessively high interest rates. But this debate is not about ...

Trump confirmed Treasury Secretary Scott Bessent declined the role, saying, “I want to work with you,” while market-watchers ...

The full story is more complicated. Trump is broadly right on the question of how much leverage the need for foreign access ...

The President ruled out Treasury Secretary Scott Bessent to succeed Jerome Powell but said there are four others on his list.

In other words, there was no urgency to alter course. At the Fed’s next policy meeting, six weeks from now, things should be clearer.