US Treasury Secretary Scott Bessent stated that Federal Reserve Chair Jerome Powell need not resign. This statement comes after Bessent called for a review of the Fed's operations. Bessent believes ...

The Minutes from the Fed's June meeting revealed a division: some officials advocate for immediate reductions, while others ...

Stock futures were mostly flat on Tuesday (July 22), following record closes for the S&P 500 and Nasdaq Composite in the ...

The Federal Reserve’s independence from political interference, viewed as sacrosanct inside the central bank, is under siege.

U.S. Federal Reserve Chair Jerome Powell is a "numbskull" who has kept interest rates too high, but he will be out in eight ...

Powell can’t be fired, but GOP senators must carefully vet his eventual successor.

The Treasury borrowed more than official forecasts last month, cementing the case for Rachel Reeves to raise taxes in the ...

"It's very important that we maintain our independence with respect to monetary policy," Michelle Bowman, vice chair for ...

US Treasury Secretary Scott Bessent said Tuesday that he did not see a reason for Federal Reserve Chair Jerome Powell to ...

Mohamed El-Erian and Jeremy Siegel think Jerome Powell's resignation would ultimately bolster the independence of the central ...

El-Erian, president of Queens’ College at Cambridge University, said he was aware that his view did not align with the Wall ...

Want to receive the Morning Bid in your inbox every weekday morning? Sign up for the newsletter here. You can find ROI on the ...