Global financial markets experienced turbulence as U.S. stocks fell amidst fears of a trade war sparked by President Trump's tariffs. The market recouped some losses after a pause in Mexican tariffs ...
A few weeks before Donald Trump was sworn in as president, members of his transition team went to the Treasury Department to ...
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.” ...
Markets focus on the core PCE inflation reading, which the Fed considers a more accurate representation of overall price pressures as it incorporates changes in consumer spending ...
The U.S. dollar gained strength amidst new tariff threats, with President Trump hinting at duties on imports from Canada, ...
Trump's order says agencies are prohibited from undertaking any action to establish, issue, or promote CBDCs in the US or ...
Treasury is currently ... elevated levels of inflation, in the United States and our market areas; the uncertain impacts of ongoing quantitative tightening and current and future monetary policies of ...
which will lead to higher interest rates from the US Federal Reserve, which also tracks US Treasury yields. “It’s a case of these banks having to give higher yields, which they can’t in every case, or ...
On Monday, January 20, the U.S. will honor the birthday of Martin Luther King Jr ... three years after President Ronald Reagan signed a bill into law that established his birthday as a federal holiday ...
Federal Reserve System:Treasury Secretary Janet Yellen says high US tariff wall would raise prices Lower spending would likely have led to far lower output and employment, with potentially ...
WASHINGTON (AP) — U.S. Treasury nominee Scott Bessent on ... He also asserted the Federal Reserve should remain independent from the president’s influence and U.S. sanctions on Russian ...