Several large U.S. banks announced CD rate increases today—a welcome development at a time when most CD shoppers have been ...

Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, ...

Federal Reserve Chair Jerome Powell on Tuesday didn't comment on the outlook for the economy or interest rates. In his brief remarks at the start of a conference at the central bank on large bank ...

The Reserve Bank’s surprise decision to hold rates in July shocked the market. But a new survey finds its credibility has ...

"Bessent is trying to show Trump there is a path to get what he wants without unnecessary market turmoil," said Stephen Myrow, managing partner at Beacon Policy Advisors. That path would involve ...

President Trump seemed willing to allow Jerome Powell to complete his term as chair of the Federal Reserve — at least for now ...

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 ...

Former Commerce Secretary Wilbur Ross believes that President Donald Trump attempting to unseat Federal Reserve Chair Jerome Powell would result in a lengthy legal battle and few benefits for the ...

Treasury Secretary Scott Bessent called for a full review of the Federal Reserve system. He said on CNBC’s Squawk Box, “I think what we need to do is examine the entire Federal Reserve institution and ...

Donald Trump has been bullying Federal Reserve Chair Jerome Powell—calling him “too late,” insulting his intelligence, and ...

The ECB cut interest rates eight times between June 2024 and June 2025, taking the deposit rate to 2.0% currently. Eurozone money markets only fully price in one more rate cut this year and not until ...