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The producer-price index report released Thursday challenged Treasury Secretary Scott Bessent’s push for a 50-basis-point ...
Treasury Secretary Scott Bessent clarifies he's not directing the Fed after suggesting neutral interest rates should be 150 basis points below current levels.
President Donald Trump said on Wednesday that he has narrowed down the list of candidates to replace Federal Reserve Chair ...
Producer prices jumped in July but may not translate directly into the Fed’s preferred inflation gauge, easing fears of ...
Wall Street is edging back from its record heights after a disappointing report said inflation was worse last month.
The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.
US stocks hovered around the flatline as Wall Street awaited another pulse check on inflation after Tuesday's tepid figures ...
Growth, inflation and jobs data don’t signal rates cuts. Yet the odds of a quarter-point September cut are at just under 100% ...
US Treasury Secretary Scott Bessent said he isn’t calling for a series of interest-rate cuts from the Federal Reserve, just ...
President Trump's tariffs continue to affect global markets and the economy. Follow for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...
At the close, the ringgit ended mostly lower against major currencies, except the euro, against which it appreciated to 4.9170/4.9234 from 4.9305/4.9357. It fell versus the Japanese yen to ...