Economists are very interested in Bessent's views on Federal Reserve independence. Before the election, Bessent floated the idea of a "shadow Fed chair" where Trump would select a replacement for Fed ...
The increase in the consumer price index is unhelpful for President-elect Donald Trump, who will soon inherit the economy ...
The producer price index was expected to increase 0.4% in December, according to the Dow Jones consensus estimate.
Inflation in the U.S.is “moving toward our goal of 2%,” but recent progress has been “choppy” and “it will take more time” to achieve success, the president of the New York Federal Reserve said ...
Everyone is waiting with bated breath because of Trump's unpredictability and what the Fed will do in the next six months ...
High interest rates have been weighing on the stock market rally, and there may be little Donald Trump can do to remedy that ...
U.S. Treasury yields dipped while the S&P 500 ended slightly higher on Tuesday after data showed U.S. producer prices rose ...
During the pandemic times, Trump demanded negative interest rates from Powell, a "gift" that the Fed Chair rejected. Two months before the US presidential election in November, Powell oversaw a large ...
One suggestion, if you sell a stock that you want in your portfolio for the long run consider setting a target price at which ...
Jamie Dimon, one of the most influential bankers on Wall Street, spelt it out: “It’s time to take a deep breath, do the right ...
Fed chief Jerome Powell has said "policy uncertainty" under Donald Trump clouds the Federal Reserve rate outlook.
Treasury secretary nominee Scott Bessent defended President-elect Donald Trump’s economic strategy in a Senate hearing today.