News

Treasury's Bessent thinks Fed's view of tariffs on inflation is 'off'
Treasury Secretary Scott Bessent doesn't understand why tariffs would cause the Federal Reserve to delay interest rate cuts. ...
FACTBOX The five female Fed presidents who may have been on Bessent's mind
One of the Federal Reserve's five female regional bank presidents could replace U.S. central bank chief Jerome Powell, ...
Meddling With the Fed Could Backfire on Trump
Slashing government interest rates could have the paradoxical effect of raising the interest rates paid in the real world.
Fed's rate-cut delay intact as inflation fears override Trump pressure
The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later ...
In the Market-How the ghost of ‘transitory’ inflation is haunting the rate debate
A debate over inflation is once again turning on the question of whether any price rise from Trump's tariffs would be ...
Inflation accelerated in June as the Fed weighs the impact of tariffs in rate cut timing
The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to ...
Treasury Secretary Bessent bashes Fed 'fear mongering' over tariffs and says central bank should be reviewed
US Treasury Secretary Scott Bessent weighed in on the latest Fed drama, pointing to the "fear-mongering" around tariffs and ...
Fed’s Kugler Says Tariff-Driven Inflation Should Leave the Fed on Pause
Federal Reserve governor Adriana Kugler said the Fed should hold interest rates steady for a while to come, because new trade ...
Bessent: The Trump administration should look into the Fed’s ‘many mistakes’
Treasury Secretary Scott Bessent said Monday he believes the Federal Reserve system should be reviewed for potentially ...
Bernanke, Yellen: Trump’s Fed pressure could fuel inflation
Former Federal Reserve Chairs Ben Bernanke and Janet Yellen condemned President Trump’s pressure campaign against its current ...
Fed’s inflation fight isn’t over yet, says former No. 2 at central bank
Tariffs aren’t yet showing up in inflation data, but that doesn’t mean they won’t in the coming months, says Richard Clarida, a former Federal Reserve Vice Chair and now an economic adviser at Pimco ...