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Fed Fight
Inflation rose 2.7% in June (compared to June last year), which isn’t a crisis, but it isn’t great either. This is the highest reading since ...
The S&P 500 was virtually unchanged in midday trading and just a bit below its all-time high, even as more than four out of every five stocks within the index fell.
Treasury Secretary Scott Bessent on Tuesday said that the process to pick a new chairman of the Federal Reserve has started, ahead of chair Jerome Powell’s term ending in 2026 and amid growing ...
Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome Powell has already started — as the Trump administration ratchets up pressure ...
Inflation rose last month to its highest level since February as President Donald Trump’s tariffs push up the cost of a range ...
The Federal Reserve’s political independence — the sense that the world’s most powerful central bank makes decisions based on ...
Kevin Hassett is toadying hard to win the president’s favor. But don’t count out Kevin Warsh or Scott Bessent just yet in ...
So it must be that the “Epstein Files,” whatever they are, aren’t as helpful to Donald Trump and his conspiracy sniffer dogs as they’d hoped. Perhaps even unhelpful. Mr. Powell’s architectural ...
Inflation picked up in June, a sign that President Donald Trump’s tariffs are beginning to push up costs of appliances, furniture, clothing and other everyday goods across the economy. Prices have ...
WASHINGTON — Federal Reserve Chair Jerome Powell has asked an inspector general to review the cost of the central bank's ...